Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Lake/fruitland park taxes (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/lake-fruitland-park-taxes-257575/)

Northerner52 03-06-2018 03:59 PM

Lake/fruitland park taxes
 
Hi,
what part of lake county / fruitland park taxes are federally tax deductible?

retiredguy123 03-06-2018 04:17 PM

Your tax bill will have two sections, ad valorem and non-ad valorem taxes. The ad valorem taxes are tax deductible because the amount is based on the value of your house. The non-ad valorem taxes and fees are not based on the value of your house, and they are not tax deductible. This assumes that the house is a residence and not rental property.


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