Talk of The Villages Florida - View Single Post - Amendment #1
Thread: Amendment #1
View Single Post
 
Old 01-15-2008, 03:27 PM
kathy and al kathy and al is offline
Senior Member
Join Date: Oct 2007
Location: TV, Vero Beach, Fl., Ft. Lauderdale, Fl., Boston, Ma.
Posts: 362
Thanks: 0
Thanked 1 Time in 1 Post
Default Re: Amendment #1

I believe everyone understands the increased $25,000 exemption, however, the second part of the amendment which deals with "taking your Save Our Homes" credit with you when you sell your home--is a little confusing to this guy!!
Can anyone explain in simple terms ( or give a reasonable example ) of just what it means to be able to "take your Save Our Homes credit with you when you sell your home??
Thanks for any feedback.
__________________
Kathy & Al