Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#76
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As a new owner, your first full year taxes will be based on the true market value of the home and not limited at all by any previous exemptions. Unfortunately for you, there was (is?) a hot market for homes and the value of yours increased 19.3% in your first year. This year: 19.3% (increase in assessment) - 9.1% (tax rate decrease) - ( a little in school taxes) = 9.6% Next year the increase in assessment will be the lesser of 10% or the increase in the CPI.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY Randallstown, MD Yakima, WA Stevensville, MD Village of Hillsborough |
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#77
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Time to reset the clock. I was not surprised. I had done some of my homework (which was a lot more than I did when I was in Catholic grade school, as Sister Mary Gabriel would confirm), so I was prepared for the bite. Still hurt, but at least I knew it was coming. |
#78
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Last edited by Spartan86; 08-26-2022 at 10:49 AM. Reason: Syntax |
#79
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In your case, you were not taken advantage of. The Assessor is merely following the law (which they do not write). It is ALWAYS better to apply for the Homestead exemption earlier, rather than later...if you qualify. That way, you at least get the clock ticking in your favor. |
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