Farmer Lou's land is classified as agricultural, which means he has lower property taxes. Which law or regulation is responsible for this? the 250,000/500,000 rule the Save Our Homes amendment Florida's Greenbelt Law the capital gains exemption

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter5: Small Business, Entrepreneurship, And Franchises
Section: Chapter Questions
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Farmer Lou's land is classified as agricultural, which means he
has lower property taxes. Which law or regulation is
responsible for this?
the 250,000/500,000 rule
the Save Our Homes amendment
Florida's Greenbelt Law
the capital gains exemption
Transcribed Image Text:Farmer Lou's land is classified as agricultural, which means he has lower property taxes. Which law or regulation is responsible for this? the 250,000/500,000 rule the Save Our Homes amendment Florida's Greenbelt Law the capital gains exemption
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