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HTML Florida Residents Here's the Secret to Earning 1% Interest a Month for Four Months on Your Money Florida Residents Here's the Secret to Earning 1% Interest a Month for Four Months on Your Money Author: Caterina ChristakosWhat's the highest interest rate you can earn now in a safe, government-sponsored program? Did you say 4% per year? Wrong! In Florida, for the next 4 months, every real property and tangible personal property taxpayer can earn an effective interest rate of 1% PER MONTH by paying taxes during the discount period! Here's how simple it is: just pay your property taxes before March 1. Here's the way it works. Taxes paid--i.e., received by the Tax Collector--during November are subject to a 4% discount; December are subject to a 3% discount; January are subject to a 2% discount; February are subject to a 1% discount. Taxes paid after March 31 are delinquent and are subject to penalties and 1 1/2% delinquent interest per month. In the same way that paying down your credit cards is the equivalent of earning interest at the same rate of interest that the credit card company is charging the customer on the outstanding balance, taking advantage of the 1% per month early payment discount on Florida property taxes is the same as earning interest at the rate of 12% per year on the amount of taxes you pay. Don't say we didn't tell you! About The Author: In Florida Trend magazine™'s Legal Elite's issue, July 2004, Mr. Weiss was selected by his peers as one of the top 30 government lawyers in the State of Florida. For a free consultation regarding your property, contact us at: http://www.tannebaumweiss.com/property_tax.php Article Source: http://www.articlealley.com/http://caterinachristakos.articlealley.com/florida-residents--heres-the-secret-to-earning-1-interest-a-month-for-four-months-on-your-money-15053.html Text Florida Residents Here's the Secret to Earning 1% Interest a Month for Four Months on Your Money Author: Caterina Christakos What's the highest interest rate you can earn now in a safe, government-sponsored program? Did you say 4% per year? Wrong! In Florida, for the next 4 months, every real property and tangible personal property taxpayer can earn an effective interest rate of 1% PER MONTH by paying taxes during the discount period! Here's how simple it is: just pay your property taxes before March 1. Here's the way it works. Taxes paid--i.e., received by the Tax Collector--during November are subject to a 4% discount; December are subject to a 3% discount; January are subject to a 2% discount; February are subject to a 1% discount. Taxes paid after March 31 are delinquent and are subject to penalties and 1 1/2% delinquent interest per month. In the same way that paying down your credit cards is the equivalent of earning interest at the same rate of interest that the credit card company is charging the customer on the outstanding balance, taking advantage of the 1% per month early payment discount on Florida property taxes is the same as earning interest at the rate of 12% per year on the amount of taxes you pay. Don't say we didn't tell you! About The Author: In Florida Trend magazine™'s Legal Elite's issue, July 2004, Mr. Weiss was selected by his peers as one of the top 30 government lawyers in the State of Florida. For a free consultation regarding your property, contact us at: http://www.tannebaumweiss.com/property_tax.php Article Source: http://www.articlealley.com/http://caterinachristakos.articlealley.com/florida-residents--heres-the-secret-to-earning-1-interest-a-month-for-four-months-on-your-money-15053.html About the Author: Article Title: Article Keywords: return to article Author by Caterina Christakos ads similar articles Top 10 European Countries for Real Estate Property InvestorsIf you're looking to diversify, broaden or even begin your property portfolio consider Europe for your next investment destination. Europe is host to such a broad range of countries all offering diverse property opportunities – you have everything from......Analyzing an Investment PropertyThe real estate market is huge in the United States right now. Almost anywhere you go, you will hear about the appreciation in investment properties and the great equity owners have built in their real estate investments. 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Text Florida Residents Here's the Secret to Earning 1% Interest a Month for Four Months on Your Money Author: Caterina Christakos What's the highest interest rate you can earn now in a safe, government-sponsored program? Did you say 4% per year? Wrong! In Florida, for the next 4 months, every real property and tangible personal property taxpayer can earn an effective interest rate of 1% PER MONTH by paying taxes during the discount period! Here's how simple it is: just pay your property taxes before March 1. Here's the way it works. Taxes paid--i.e., received by the Tax Collector--during November are subject to a 4% discount; December are subject to a 3% discount; January are subject to a 2% discount; February are subject to a 1% discount. Taxes paid after March 31 are delinquent and are subject to penalties and 1 1/2% delinquent interest per month. In the same way that paying down your credit cards is the equivalent of earning interest at the same rate of interest that the credit card company is charging the customer on the outstanding balance, taking advantage of the 1% per month early payment discount on Florida property taxes is the same as earning interest at the rate of 12% per year on the amount of taxes you pay. Don't say we didn't tell you! About The Author: In Florida Trend magazine™'s Legal Elite's issue, July 2004, Mr. Weiss was selected by his peers as one of the top 30 government lawyers in the State of Florida. For a free consultation regarding your property, contact us at: http://www.tannebaumweiss.com/property_tax.php Article Source: http://www.articlealley.com/http://caterinachristakos.articlealley.com/florida-residents--heres-the-secret-to-earning-1-interest-a-month-for-four-months-on-your-money-15053.html About the Author:
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