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Florida residents should see lower property tax increases in the future thanks to a vote on Election Day. Mark Winfrey / Shutterstock.com
Retirees have flocked to Florida for many generations. Now, it has become an even more attractive place to spend your golden years. In the Nov. 5 election, Florida voters passed Amendment No. 5, which adds an inflation adjustment to the Sunshine State’s existing homestead exemption, a property tax break for primary homes. The change takes effect Jan. 1, 2025. Currently…
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