MAKING FLORIDA HOME BASE???

Closed Thread
Thread Tools
  #1  
Old 10-28-2007, 10:38 PM
octcr octcr is offline
Member
Join Date: Sep 2007
Posts: 33
Thanks: 6
Thanked 1 Time in 1 Post
Default MAKING FLORIDA HOME BASE???

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.
  #2  
Old 10-28-2007, 10:40 PM
Frangyomory's Avatar
Frangyomory Frangyomory is offline
Veteran member
Join Date: Jul 2007
Location: Tall Trees/Cherry Vale CYV
Posts: 546
Thanks: 0
Thanked 1 Time in 1 Post
Default Re: MAKING FLORIDA HOME BASE???

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.
__________________
Fran Gyomory
The Bronx, NY; Kailua, HI; Dale City, VA; Fredericksburg, VA; The Villages, FL
  #3  
Old 10-29-2007, 04:10 PM
JohnN's Avatar
JohnN JohnN is offline
Sage
Join Date: Feb 2007
Posts: 3,644
Thanks: 6
Thanked 1,747 Times in 631 Posts
Default Re: MAKING FLORIDA HOME BASE???

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
  #4  
Old 10-29-2007, 05:39 PM
villager99 villager99 is offline
Senior Member
Join Date: Jul 2007
Posts: 371
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: MAKING FLORIDA HOME BASE???

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.
__________________
long island, NY > NYC > cambridge, MA > portland, ME > the villages, florida
Closed Thread


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 02:49 AM.