Talk of The Villages Florida - View Single Post - Are real estate taxes based on sales price?
View Single Post
 
Old 05-06-2014, 11:29 AM
gomoho's Avatar
gomoho gomoho is offline
Sage
Join Date: May 2012
Posts: 4,333
Thanks: 0
Thanked 1 Time in 1 Post
Default

Taxes are bases on the assessed price of your home. It would benefit the seller to not have the cost of the furniture in the price of the home since they have to pay a transfer tax on the sale price.