Quote:
Originally Posted by Pballer
Property taxes in Sumter County are dirt cheap provided that you bought your house and homesteaded before the 2020 COVID pandemic caused prices to soar. To those who bought afterwards, tough luck. That's the way the Florida property tax system works; you could be paying thousands more in property taxes than your next door neighbor for the same value house.
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Actually Sumter County has the 14 th highest Florida county tax rate. 53 counties tax less.
Florida could become the first state with no income tax and no property tax on primary residences if Governor Ron DeSantis gets his way. The proposal targets homestead properties - the homes where Floridians actually live - while leaving vacation homes, rental properties, and commercial real estate on the tax rolls.
These are all tax free
• Your primary residence (homesteaded)
• All property taxes: county, city, school, special districts
• No income or value limits
• Condominiums and townhomes (if homesteaded)
Losers
• Vacation and second homes
• Rental and investment properties
• Commercial real estate
• Vacant land and lots
About 20 billion would need to be made up through various taxes
You can read more at
https://www.propertyexemption.com/gu...tion-desantis/