Archive for the 'Taxes' Category

Florida Intangible Personal Property Tax is Repealed

Posted in Taxes on Aug 18th, 2007

Effective January 1, 2007, the repeal of Florida’s Intangible Personal Property Tax will take effect. The Florida Intangible Personal Property Tax is an annual tax based on the fair market value of intangible personal property. In general, intangible personal property includes stocks, mutual funds, bond and notes receivable. The intangible personal property tax is imposed […]

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Avoid The Florida Retirement Home Tax Trap

Posted in Taxes on Aug 18th, 2007

Finally, you and the seller have decided on a price for their Florida retirement home or condo. Its ten years old, but in immaculate condition. As a final check, you review the multiple listing sheet one more time before signing the Purchase and Sales Agreement. Last year’s real estate tax is listed and something doesn’t […]

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