Florida Governor Ron DeSantis is taking a stand against rising property taxes, calling it unfair for homeowners to face increasing bills. Florida is home to three major metros where property tax bills have surged since 2019, prompting DeSantis to propose eliminating property taxes on homestead properties, pending voter approval in 2026.
While DeSantis argues against property taxes as an ongoing source of revenue, experts note that property taxes are crucial for funding local government services. Property taxes in Florida account for a significant portion of county, municipal, and school district revenue, supporting essential services like education, police, and fire protection.
Rising property taxes are part of the broader affordability squeeze facing Americans, alongside increasing housing and living costs. Real estate has historically been seen as a reliable hedge against inflation, as property values and rental income tend to rise with inflation. Crowdfunding platforms like Arrived and First National Realty Partners offer easy ways for investors to gain exposure to the real estate market without the hassles of traditional ownership. A Home Equity Fund offers a hands-off approach to investing in high-quality residential properties. Utilizing Home Equity Agreements, the fund allows homeowners to access liquidity without debt or interest payments. With a minimum investment of $25,000, accredited investors can expect risk-adjusted returns of 14% to 17% and diversification across regional markets.
The U.S. Home Equity Fund provides a low-maintenance alternative to traditional property ownership, unlocking lucrative real estate opportunities for accredited investors. With risk-adjusted target returns ranging from 14% to 17%, investors can benefit from diversification across regional markets.
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This article serves as informational only and should not be taken as advice, provided without warranty.
Read more at Yahoo Finance: Ron DeSantis rips property taxes as ‘rent to government,’ says US homeowners are treated like ATMs. What you can do