Quote:
Originally Posted by Laker14
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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Our taxes were around $2200 first year and this year after homestead exemptions kicked in they dropped around $350. What did surprise me is when we moved in we looked at prev owner's (for 9 yrs) 2016 taxes and ours went up almost $800 for 2017 (not inc exemptions). He was based on original purchase price and we were rated based on current value. Obviously if the home is new or newer the jump won't be so much.