Not exactly. Increases in the assessed value of your homesteaded property are capped, not the millage rate.
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Originally Posted by Dilligas
Homestead property taxes. Same in all states only a little worse here due to permanent homestead Caps the yearly mil rate increases at CPI. Florida average property tax is slightly under national average. All you have to do is move your permanent residency to Florida and part time in your old home state, and stay in Florida at least 6 months a year.
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