Talk of The Villages Florida - View Single Post - Property taxes
Thread: Property taxes
View Single Post
 
Old 03-15-2024, 11:04 PM
EdFNJ EdFNJ is offline
Sage
Join Date: Nov 2016
Posts: 4,395
Thanks: 1,376
Thanked 3,102 Times in 1,341 Posts
Default

Quote:
Originally Posted by margaretmattson View Post
OP, Did you calculate the actual taxes YOU will pay? Or, are you looking at the taxes the current homeowners pay? Current homeowners may have the homestead exemption or not. They may have been living in their homes longer than others. They may have paid substantially less for their home. They may have owned a previous home in Florida and receive a save our homes reduction. A home may have a high bond or a significantly smaller one that has been paid down. Everyone DOES NOT pay identical property taxes even neighbors who live next door. When purchasing a home, you must calculate what YOUR taxes will be.

Also, the taxes you see online could be 1/2 what you are going to pay because older homes tax rates are "sort of" frozen if the owner has been living there for a number of years and when a new person moves in you get hit for full current rate. When we bought our actual rate was almost double what the previous owner was paying (taxes, not inc bond) even after all the deductions. I guess at least in the new areas what you see (taxes) is what you will pay.
__________________
.
.
"I think the scariest person in the world is the person with no sense of humor."

Michael J. Fox