Quote:
Originally Posted by Will.S
We will be looking in the Villages this fall. I want to clarify the tax differences in locations.
Besides the 3 counties in the Villages, I understand that you would be paying property taxes in another city if your home falls inside the other cities borders.
Do we pay ONE or the OTHER or pay both Villages & the other City Taxes.
And is it correct that after 65 yrs old, after one year I can apply for homestead exemption - making 50K of our home value NON taxable.
Thanks for your time;
Will
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There is no Villages tax, just the county tax and city tax. You always pay county tax. If your home happens to be within an incorporated area then you would ALSO pay city tax.
Every home is eligible for the homestead exemption if you live there full time; there is no age limit for this. If you are older (perhaps 65, I don't qualify yet) then there may be another exemption you can take. Google Sumter County Florida Property Tax to find a page with good information.
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