Amendment 4 -What’s your Take?

Real Estate Agent with Special Miami Homes BK 3126272

Perhaps you are not deeply involved with your local politics and that’s OK, I can understand that. A busy schedule and hectic work day don’t leave much time for anything else. If you’re like me just getting a solid 8 is a small miracle. Sometimes we need to make time for something even if we can’t and this is one of those times.

If you are not familiar with Amendment 4 please allow me to sum it up for you. This amendment proposes to do 3 very important things for business owners as well as anyone buying their first home.

1. Limit the increase in assessed values for commercial property,

2. Limit the maximum tax rate for commercial property.

3. Provide a tax break for first time home buyers including anyone who has not had a homestead exemption in the past 3 years.

Seems pretty simple to me so what’s all the confusion about? Do business owners actually want to pay more of their hard earned dollars in taxes? Does a first time home buyer deserve additional tax liability when they need every possible dollar to finally get into that first home? Is it wise to raise taxes when even our national economy is in crisis? Think about it my friend; stimulating the local economy is best done by putting more money into the pockets of people, not taking it out. For me, it’s as simple as 1, 2, 3. So, what’s your take?

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Maggie Dokic, REALTOR, CDPE, SFR is a licensed real estate broker in the state of Florida selling residential real estate in Miami, Palmetto Bay, Pinecrest, Coral Gables, Gables by the Sea, High Pines, the Redland and other select areas of SW Miami-Dade County.

Maggie has earned her SFR certification to be able to better serve the needs of her customers in today's non-traditional real estate market.  SFR is a Short Sale, Foreclosure Resource Specialist.  Designees have been trained to understand the highly specialized options available to Sellers facing short sales & foreclosures and Buyers looking to buy them.

For more information on our local real estate market, or to see or sell a home in Miami, Palmetto Bay, Pinecrest, Coral Gables or the Redland, visit my Miami Real Estate blog or contact me at Maggie (at) TheBlogThatAteMiami (dot) com.

The opinions expressed herein, are those of the author, and not necessarily of  Keller Williams Realty.

None of this information is to be deemed legal or financial advice.  Please contact your attorney or accountant for same.

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