Talk of The Villages Florida - View Single Post - Property Tax & Homeowner's Insurance Questions
Thread: Property Tax & Homeowner's Insurance Questions
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Old 07-11-2014, 06:00 PM
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Originally Posted by TheVillageChicken View Post
So, if I sell my 300K home to my daughter for one dollar, her property tax will be based on the sale price of one dollar?
I believe that is considerd an "arm's length transaction" and the taxing authority will assess it at market value anyway.