The effects of the Tax Cuts and Jobs Act of 2017 are rippling through the real estate market, particularly in South Florida. The implementation of a $10,000 limit on state and local tax deductions (SALT) has prompted an exodus of wealthy northeasterners to the sun-soaked shores of Florida, where luxury property developer BH3 is reaping the rewards. Let's delve into how this tax reform has transformed the landscape of South Florida's luxury home market.
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