Quote:
Originally Posted by Pballer
The shifting of the tax burden from Florida residents to snow birds will accelerate because the assessed value of a Florida resident's home can only increase by a maximum of 3 percent per year while the sky is the limit for a snow bird's home.
|
That depends upon your definition of "snowbird".. a resident of Florida can spend a lot of time out of state, and maintain their residency, and hence, get the benefit of homestead exemptions.