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A Simple Tip Florida Homeowners Should Know Before Moving: Portability
If you're thinking about selling your home and buying another in Florida, there's one simple tip that many homeowners aren't aware of that could potentially make a big difference in your property taxes.
It's called portability!!!
Portability is a benefit that may allow eligible Florida homeowners to transfer a portion of their existing property tax savings to a new home.
Over time, homeowners with a Homestead Exemption may build up tax savings due to limits on how much their assessed value can increase each year. Portability provides a way to carry some of that benefit with you when you move.
When...