Quote:
Originally Posted by Vickim
If you look at it just singular yes we pay high insurance but property taxes are low. We paid $7000 ( for $350k home ) 10 years ago in Texas in property taxes. If you claim homestead you get an exemption , veteran another exemption & widow another tax exemption. Florida also doesn’t tax our military retirement money. Cheaper by far here and like other poster not a million dollar home
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The reason that your property taxes are low is that Florida unfairly burdens snowbird nonresidents, newcomers and investors with high property taxes by assessing their properties at full market value while your property is assessed at some low market value from years ago.