Quote:
Originally Posted by thelegges
Which ever home has the highest taxes, is where you might want to consider residency
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You need to consider more than just property taxes, namely the benefit of Florida's zero state income tax. Those with higher incomes are likely to benefit more by becoming Florida residents, even if their out-of-state homes have much higher property taxes relative to their Florida home.
Also, while Florida welcomes new residents with little or now challenge, you are most likely to encounter difficulty from the state you are leaving which doesn't want to see the loss of your state income tax. The higher your income the more likely your tax return will be audited. Keep good receipts for all of your purchases, and not just things like utility bills which don't prove your your presence in Florida.