How about abolishing property taxes and what about Allodial Title? Property Taxes goes against the founding of America. I should know, im from Jersey LOL
I'm glad you asked that, because I should have explained it! You only have to file for homestead the first year. After that, it automatically applies. 🙂
Bought our home in south Florida 20 years ago. We have homestead exemption along with the benefits of the Save our Homes act. Planning to remodel and build new room addition. Are my property taxes going through the roof because of the new work or does the 3% cap still protect us from this?
@@dandevito5521 Your property taxes may go up a bit, because the improvements will be assessed at full market value in the year of construction and then that value will get added to your capped assessment, but the property as a whole won't be re-assessed.
I will have to wait until next year to file for this exemption. I bought my house here in Florida in october of 2023. It is not my primary residence because I am remodeling it and not living there, so I can't file for the exemption. The march 1st deadline has passed. Will I be able to file for the exemption next year?
@Yerlie Zacharie No, you have to apply in the county the home is in. So just go to the Volusia County property appraiser's office website, and they should have a link there.
How about abolishing property taxes and what about Allodial Title? Property Taxes goes against the founding of America. I should know, im from Jersey LOL
Great explination.
Thanks!
$45K ? What millenium was this video made in?
Exactly, it should be a percentage instead of a fixed dollar amount; that way it self-adjusts.
do you have to file for the homestead exemption every year? or does it continue every year after you have filed it the first time?
I'm glad you asked that, because I should have explained it! You only have to file for homestead the first year. After that, it automatically applies. 🙂
Bought our home in south Florida 20 years ago. We have homestead exemption along with the benefits of the Save our Homes act. Planning to remodel and build new room addition. Are my property taxes going through the roof because of the new work or does the 3% cap still protect us from this?
You're totally OK to add a room addition. The Save Our Homes Amendment still protects you. 😀
@@StephanieSellsOcala Thank You Stephanie for your answer. Bigtime relief for us!
@@dandevito5521 Your property taxes may go up a bit, because the improvements will be assessed at full market value in the year of construction and then that value will get added to your capped assessment, but the property as a whole won't be re-assessed.
My income isn't taxable veteran. Can i get a homestead exemption even if I don't file taxes?
The homestead exemption applies to your property taxes, and not your personal taxes.
I will have to wait until next year to file for this exemption. I bought my house here in Florida in october of 2023. It is not my primary residence because I am remodeling it and not living there, so I can't file for the exemption. The march 1st deadline has passed. Will I be able to file for the exemption next year?
As long as you are living in it as your primary residence as of Jan. 1st, you will be eligible to apply for the homestead exemption.
Thankyou!@@StephanieSellsOcala
what is the website to file for homestead tax relief
www.pa.marion.fl.us/HXeFile.aspx
@Stephanie Sells Ocala thank you for replying. I live in Volusia county can I use the same website?
@Yerlie Zacharie No, you have to apply in the county the home is in. So just go to the Volusia County property appraiser's office website, and they should have a link there.