Homestead Exemption
I have a rough idea of what it is, from when my folks lived in Florida, but my understanding is less than complete.
Primarily, I would like to understand how much more the property taxes would be in a home in TV, if one resides in another state, and can't claim the homestead exemption.
For discussion purposes, say the taxes would be $2400/year assuming the exemption. What would you expect the taxes would be without it?
Thanks.
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