View Full Version : MAKING FLORIDA HOME BASE???
octcr
10-28-2007, 10:38 PM
What are the advantages of making Florida your home base? What about homestead?
This is for the snow bird with a home up north yet.
Frangyomory
10-28-2007, 10:40 PM
Homestead is a plus. Also, we came from Virginia the state that invented taxes!!!
We both have pensions which were taxed by Virginia. Not so here in Florida. This alone saved us several thousand a year.
JohnN
10-29-2007, 04:10 PM
Florida's lack of state taxes is the big advantage, the homestead exemption isn't that significant but it's also a factor.
I'd rather live in florida and travel to see the kids LOLOL
villager99
10-29-2007, 05:39 PM
i was a snowbird for 7 years and in my case health insurance as well as homestead exemption and income tax played financial roles in my deciding to become a fulltime florida resident which i did a few years before actually selling my northern home.
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