Talk of The Villages Florida - View Single Post - Help me to understand and predict taxes on a TV home in Sumter County
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Old 05-12-2020, 06:51 AM
ladyarwen3 ladyarwen3 is offline
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Quote:
Originally Posted by davem4616 View Post
all great advice

I believe that it may take a year of being a Floridian and property ownership to qualify for homesteading...you may have an issue if you own another home in another state if you receive a tax break on it due to homesteading on that property

order of magnitude number for you to work with (for a home at the upper level of your range) would be around $4500 for taxes, bond and annual maintenance...(and plan on paying a monthly amenity fee of around $150)..

BTW - I found that Triple A had the best homeowner and auto combo insurance rates a couple of years ago when I shopped around

good luck
"I believe that it may take a year of being a Floridian and property ownership to qualify for homesteading."
We applied for and received homestead exemption / discount from the minute we got here. We purchased late June, moved in permanently in October. Changed our drivers licenses and vehicle registration that first week, then walked across the hall to the tax office, where we applied for homestead exemption. We were told it was in effect already because of the questions answered during the closing process.