As part of the proposed $115.6 billion state budget for fiscal year 2025-26, Governor DeSantis has outlined a plan to eliminate Florida's longstanding commercial rent sales tax. This proposal continues Florida's tax reduction...more
2/5/2025
/ Business Taxes ,
Commercial Leases ,
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Governor DeSantis ,
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Rental Property ,
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Tax Reform
Effective December 1, 2023, the State of Florida’s sales tax rate on commercial real property lease payments (including base rent and additional rent) will be reduced from 5.5% to 4.5% for payments received for occupancy...more
Here’s how the recent legislative changes will affect you:
Spousal Homestead Transfer -
A new law signed by Governor DeSantis extends the documentary stamp tax exemption for the conveyance of homestead property between...more