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USA Property

Florida property taxes make communities better

Property taxes are not a punishment for homeownership. They are an essential investment in the community that makes homeownership worthwhile.Study eyed for Florida property tax changesExpect an economic impact study as a first step as discussions ramp up about the future of property taxes in Florida.Fox - 35 OrlandoGov. Ron DeSantis recently asked the disingenuously rhetorical question: “Do you ever own your own home?”It’s a provocative statement meant to stir resentment over property taxes as part of a larger pitch to either eliminate or drastically reduce them. But, while such...
USA Property

How Nashville’s property tax bills compare to other TN counties

Here's how to properly calculate your property tax billNot sure how to calculate your property tax bill? Here's how to do it properly.In 2023, Davidson County led all Tennessee counties in total property tax per capita at $2,161, according to a Sycamore Institute study of property tax rates and capacity across the state.The study argues that a tax rate on its own tells us "very little" about whether residents in a Tennessee county actually pay high or low property taxes overall.Some Nashvillians are bracing for the prospect of a higher...
USA Property

Amid deadlock on budget, DeSantis pushes to cut property taxes

No state has yet eliminated property taxes and in Florida they are the biggest source of dollars for 51 of 67 counties and almost half of the state’s 411 cities.With Florida lawmakers now in overtime trying to settle a state budget, the prime source of financing for many cities and counties could soon be headed for the chopping block.In whatever budget deal is decided by the Legislature, Gov. Ron DeSantis wants included some kind of commitment to rolling back property taxes – now or through a ballot question put before...
USA Property

Iowa Senate pushes new version of property tax overhaul proposal

Watch: Iowa homeowners talk property taxes with Des Moines RegisterHomeowners discuss Iowa's property taxes as Iowa legislative leaders make property tax reform their No. 1 goal this legislative session.Iowa Senate Republicans are proposing a 25% discount on home values up to $125,000 for property tax relief, changing a proposed $50,000 homestead exemption to address smaller communities' concerns.The bill also phases in the elimination of the state's rollback rate over 10 years and maintains a 2% cap on property tax growth with exceptions.The fate of property tax legislation is unclear as...
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