Talk of The Villages Florida - View Single Post - Property taxes
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Old 03-17-2024, 02:25 PM
Bill14564 Bill14564 is offline
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Quote:
Originally Posted by Pairadocs View Post
Not an "expert" in taxes and tax comparisons, but wouldn't it also apply, that the actual tax paid would depend on if the present property owner's tax bill had a homestead exemption ? And also (don't understand how this works) was told that when an individual sells their homesteaded property to move to another property where they will have a homestead exemption, the taxes will (somehow ??) be similar to their previous residence and NOT increase 25, 30, 50% ? If someone actually knows how that works, would love to see it posted here !
Yes, homestead exemption would make a difference if it was included in the numbers given. That is one reason why looking at the actual tax bills would be useful.

The Save Our Homes limit on increases in taxable value is portable and can “follow” a Florida resident from home to home. I don know the details well enough to describe it but I’ve seen some good information online.
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Last edited by Bill14564; 03-17-2024 at 06:20 PM.