[villages07]

NJ,

No, no age restrictions for basic homestead...perhaps what Sidney was citing was a higher exemption for persons over 65.

Everything quoted above is based on 2007 tax rules.

We recently received our 2008 property tax notice (preliminary, not the final rates). With the property tax reform passed in Florida, the base homestead exemption is now $50,000 not $25K. With all the hocus pocus of exemptions and millage rates and a steady tax value assessment, my taxes look like they will go down $100 this year.