NY Property Tax Reduction Blog

Florida sees more out-of-state buyers from high-tax states

Posted on Tuesday, February 12, 2019 by Granite Admin

The massive tax reform package signed in December 2017 changed things. With a new state and local tax cap of $10,000, high-income homeowners in high-tax states such as New York found themselves facing a notably bigger tax burden than they once did. However, that makes low-tax states, such as Florida, more attractive. 

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