Thread: Sale of home
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Old 11-16-2019, 03:58 PM
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Quote:
Originally Posted by JimJohnson View Post
Well, well, we’ll. Looked at new home in monarch grove. The home cost is 1/2 of the sale price of my current home. Read that sentence again. Sounds good, but, but ,but, The annual tax on that 1/2 price new home would be twice, yes 2 times the current annual tax on my current home. Really, yes really. I’m still dizzy from that, and confused why I would even consider moving. I could replace every appliances, my entire heating/air unit and even my roof for less than the tax increase foe ten years. Plus, I would give up my perfect location for a questionable location near a Fenny. WOW, what was I thinking. I love my house and I will stay right here.
I don't understand your math.

Attached is a comparison of real estate taxes in TV. Where do you come up with "The annual tax on that 1/2 price new home would be twice, yes 2 times the current annual tax on my current home."?

The lowest millage rate is in unincorporated Sumter County -- 12.4001. The highest is in Lake County, Pine Hills & Pine Ridge -- 17.9898.
Attached Files
File Type: pdf 2019 taxes comparison.pdf (133.0 KB, 46 views)