Homestead is wonderful to reduce your taxes but no one here has mentioned Save our homes or Portability which can greatly reduce your taxes also. If you move from one home anywhere in Florida where you were homesteaded and move to a different location and homestead there you get to transfer your Save our homes portability credit with you. I lived in Deland Florida when this law was passed I believe in 2008 and moved to the villages in late 2017. My home values were very similar and I carried with me 66,000 in Save our home portability. I now get my homestead credit and this Save our home portability credit both to lower my taxes here. You must ask for the Save our home portability within a certain time frame after you move or you won't ever be able to get it.You can pull it up on the internet to read all the details but anyone who has moved from one homesteaded home in Florida to another homesteaded home in Florida recently should definitely inquire with the tax office to see if you're eligible. Taxes are very complicated. The most important thing is to choose the location that will work best for you and your interests. there are many beautiful homes All over The Villages. You should also check out new construction south of 44 as prices there are much cheaper than the rest of the villages for what you will find there. Yes it is further away from many things but if you're young enough to look forward 3 or 4 years you will see that it will develop just as much as other areas in The Villages did years ago. Good luck.
Last edited by dkaufnelson; 03-03-2020 at 10:04 AM.
Reason: Spelling
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