https://www.the1031investor.com/wp-content/uploads/2018/08/canstockphoto32293863.jpg 2300 3450 Dave Foster https://www.the1031investor.com/wp-content/uploads/2018/08/the1031investorLogo135x80.png Dave Foster2018-02-12 13:13:342018-08-09 13:18:092018 Tax Plan is Drawing Northeastern Homebuyers to Florida
2018 Tax Plan is Drawing Northeastern Homebuyers to Florida
Florida has always enjoyed sunnier weather than the frozen Northeast. And after the 2018 tax plan, Northeasterners are noticing that the Sunshine State has a much friendlier property tax and no personal income tax. According to Business Insider, a resident from Massachusetts who would have had to pay over $14,000 in property and personal income tax can save almost $7,000 by relocating to Florida.
The expected influx of Northerners as a result of the tax changes follows the larger trend of homebuyers migrating south. To read more on that visit Homebuyers Heading South.