Quote:
Originally Posted by Penglobal
Also remember that most snowbirds can't file for homestead exceptions and they pay real estate taxes proportionally higher than the full time Villager.
On my block, there are two exact homes and valued basically the same. Last year house # 1 owned by a Floridan who took advantage of "save our homes" taxes payed $ 4915 & the exact same home but owned by a fellow mate from Pennsylvania paid $7844 in real estate taxes. The unfortunate thing is the mate from PA only lives here part time.
So once again, thank you snowbirds.
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We rented for a couple of winters, bought in the Spring of 2020.. I plan to become a Florida resident shortly to take advantage of the "homestead" deduction next year. In addition I'll pay less in state income taxes. I will still head north for the summer months.