Kimberly-Vincent Luxury Real Estate - August 2019

THE PERKS OF FLORIDA RESIDENCY Why It’s Smart to Call the Sunshine State Home

You probably already know that Florida has beautiful weather, an abundance of attractions, and stunning oceanfront property, but have you heard about all of the financial benefits of calling the Sunshine State home? They’re legion, and Kimberly-Vincent Luxury Real Estate can help you take full advantage of each one. Buying a home in Florida has a range of perks that often aren’t well- publicized. For example, Florida residents don’t have to pay individual income taxes or estate taxes, and they can claim up to a $50,000 homestead exemption on their primary residence, even without living there year-round. Plenty of our clients travel back and forth between their homes annually, enjoying the warm Florida winters before jetting back to the northern or western U.S. to spend summers in cooler locations.

• 2 medium ears of corn, shucked • 1 jalapeño or Fresno chile, seeded and thinly sliced • 1/2 red onion, diced • 1 large tomato, cored, seeded, and finely chopped Roasted Corn Salsa INGREDIENTS Florida also offers residents excellent asset protection benefits, including homestead creditor protection and protection of the cash value of life insurance, IRAs and annuities, assets held by well-structured business entities, and more. The cost of living is relatively low too, and all of those perks combine to make Naples one of the most popular cities in America for second-home ownership, as our clients can confirm.

If you’d like to hear more about why Florida residency is right for you or want help finding your dream home in Naples, don’t hesitate to reach out to Kimberly-Vincent. We’d be happy to make your vision a reality.

TAKE A Break

• 1/4 bunch cilantro leaves, sliced • Juice of 1 lime • Kosher salt, to taste

DIRECTIONS

1. Heat a cast-iron skillet to high. Char corn, turning occasionally, for 10–14 minutes until kernels begin to blacken in spots. 2. Using a sharp knife, remove corn kernels from cobs and transfer to a large mixing bowl. 3. With a wooden spoon or potato masher, gently crush corn to release starch and juices. 4. Add jalapeño, onion, tomato, and cilantro. Mix to combine.

5. Top with lime juice and season with salt. 6. Serve alongside your favorite tortilla chips.

Inspired by Bon Appétit magazine

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