Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
@AustinWalker67 Bridget Mary Turow is quite popular on Bloomberg I doubt if there is anyone who is serious about stock trading that doesn't know her. She has helped me quite a few times in growing my portfolio and it was blissful without any setbacks. she is a tough person in an industry that demands clairvoyance
Excellent !! How did I miss THIS one ! Getting things started for our 2023 visit. Have Pirates voucher, but waiting on Braves to be available. See you in March.
Great video; I lived in Oregon, taxes are lower; in Oregon they give no exemption. Someone told me their parents lost their home after they retired becuase the taxes went up too high to afford to live there. Florida and Texas give exemption - which is helpful to seniors. When I lived in Oregon, I was paying 1500 for taxes on a 699 sq foot condo. I live in Texas, have a 1100 sq ft home and pay with exemptions 785.00 a year. I am wanting to move to Florida - after living in Oregon, and no exemptions - I don't think I will complain, too bad about the recession - but it is what it is.
Property taxes are almost on par with NJ/NY . I have seen homes in Manatee for 500k with 9k a year in property tax, 650k house at 11.5k in tax and a 600k house with 6k in tax.. Its all over the map and this is just in Mill Creek area. No one can give you a straight answer so to be safe ... use 2.5% of purchase price.
The “Save Our Homes” process is crazy and doesn’t benefit everyone. I live in NY, and have looked at moving to FL, and because the housing prices have gone up so much, I could end up paying 3-4 the taxes as compared to my neighbor based on reassessment at the the time of sale. In NY, we reassess town wide. This helps rebalance the tax bills across the whole community. It works well, and FL needs to consider doing it. The houses I was looking at were in Bay County. The estimated taxes would be higher than what I am paying in NY.
I purchased a condo in a gated community as a second home and the reassessment raised the property over 100% from around $3k to $6k. Unfortunately, this topic just never occurred during my questioning and research. Plus, the prices were overblown and now dropping, hopefully the reassessment will drop.
Thank you for your informative video. A couple questions: Why is the school tax assessment value greater than the others? Or why does the school assessed value ignore the assessment cap and just use the market value? Is there a service that can help me challenge assessed values? We're from out of state.
I live in Zephyhills, FL. Not exactly West Palm Beach! But I'm paying over $7500 a year in property taxes for a 2400 square foot home. That includes a CDD of about $2500. But don't you think that's ridiculously high?
@@LivingInSarasota Yes! That lowered my tax base by $50,000 and STILL I'm paying $5000 a year and over $2500 for the CDD. And this is Zephyrhills. Nothing to write home about. Is there any agency I can complain to, as if they would listen?
What is not clear with this seniority discount property tax system is whethor or not the county plays along with this or always applies the 3% to the properties most discounted first. If prices stayed flat for years or dropped, then new homesteader A would eventually pay closer to that paid by old homesteader B.
Florida property Taxes are obscene.Can the various local Government justify the Taxes?When you observe the workers most are skylarking on the job.How do the Associations and it employees,Private and Local Government compare to that of other employers?Florida Taxes are way out of line.The State Governor and the State Legislature needs to do something to contain the ridiculous annual increases in taxes.
I have an investment home that i bought in 2019 in Orlando that I been renting out. I plan to move in finally as a primary home. Will this decrease my property tax? I paid $215k in 2019 and my taxes are $3200 :( which I think is pretty high for a townhome.
Can you please do a more in-depth video about the veterans and disabled veterans tax exemptions? I heard property tax can be completely waived for disabled vets. Is this correct? Sounds too good to be true
Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.
@AustinWalker67 Bridget Mary Turow is quite popular on Bloomberg I doubt if there is anyone who is serious about stock trading that doesn't know her. She has helped me quite a few times in growing my portfolio and it was blissful without any setbacks. she is a tough person in an industry that demands clairvoyance
Appreciate your videos as they are full of practical information that can be used in case of one's desire to move to Sarasota! Thank you!
Great Video packed with super helpful info. Good job Lisa!
Thank you so much. You have all been so helpful and helped me move forward with YT.
We live in Fredericksburg and we pay under 3k per year. 4200 square foot house.
This was very informative. Thank you for maintaining your channel and sharing answers to FAQs.
Thanks so much for watching.
Great information, I’ve read about this topic a lot but I still learned some more from your video, thank you.
Excellent !! How did I miss THIS one ! Getting things started for our 2023 visit. Have Pirates voucher, but waiting on Braves to be available. See you in March.
Thanks. 2023 will be here before we know it!
Wow! Thanks for that info!
You bet!
Well done 👍! Thank you!
Our pleasure! Thanks for watching.
Great video; I lived in Oregon, taxes are lower; in Oregon they give no exemption. Someone told me their parents lost their home after they retired becuase the taxes went up too high to afford to live there. Florida and Texas give exemption - which is helpful to seniors. When I lived in Oregon, I was paying 1500 for taxes on a 699 sq foot condo. I live in Texas, have a 1100 sq ft home and pay with exemptions 785.00 a year. I am wanting to move to Florida - after living in Oregon, and no exemptions - I don't think I will complain, too bad about the recession - but it is what it is.
your video was clear as mud :)
😂
Property taxes are almost on par with NJ/NY . I have seen homes in Manatee for 500k with 9k a year in property tax, 650k house at 11.5k in tax and a 600k house with 6k in tax.. Its all over the map and this is just in Mill Creek area. No one can give you a straight answer so to be safe ... use 2.5% of purchase price.
Great information!!
The “Save Our Homes” process is crazy and doesn’t benefit everyone. I live in NY, and have looked at moving to FL, and because the housing prices have gone up so much, I could end up paying 3-4 the taxes as compared to my neighbor based on reassessment at the the time of sale. In NY, we reassess town wide. This helps rebalance the tax bills across the whole community. It works well, and FL needs to consider doing it. The houses I was looking at were in Bay County. The estimated taxes would be higher than what I am paying in NY.
I purchased a condo in a gated community as a second home and the reassessment raised the property over 100% from around $3k to $6k. Unfortunately, this topic just never occurred during my questioning and research. Plus, the prices were overblown and now dropping, hopefully the reassessment will drop.
Thank you for your informative video.
A couple questions: Why is the school tax assessment value greater than the others? Or why does the school assessed value ignore the assessment cap and just use the market value?
Is there a service that can help me challenge assessed values? We're from out of state.
I live in Zephyhills, FL. Not exactly West Palm Beach! But I'm paying over $7500 a year in property taxes for a 2400 square foot home. That includes a CDD of about $2500. But don't you think that's ridiculously high?
Yes, taxes have definitely gone up. Is your home Homesteaded?
@@LivingInSarasota Yes! That lowered my tax base by $50,000 and STILL I'm paying $5000 a year and over $2500 for the CDD. And this is Zephyrhills. Nothing to write home about. Is there any agency I can complain to, as if they would listen?
Clear as mud.
Way higher than TN ..looking to relocate but getting priced out by the taxes!
I dont have homestead but my taxes went up over $300 for 2023. My tax history last few years only went up $100 each year.
I live in Bradenton
What is not clear with this seniority discount property tax system is whethor or not the county plays along with this or always applies the 3% to the properties most discounted first. If prices stayed flat for years or dropped, then new homesteader A would eventually pay closer to that paid by old homesteader B.
This is what we get for no state income taxes
Uh...I moved from New York where there is HIGH income tax and HIGH property taxes (much higher than Florida). In NY you get the double whammy.
Nice and smart lady not why does everyone use music. It’s distracting
Florida property Taxes are obscene.Can the various local Government justify the Taxes?When you observe the workers most are skylarking on the job.How do the Associations and it employees,Private and Local Government compare to that of other employers?Florida Taxes are way out of line.The State Governor and the State Legislature needs to do something to contain the ridiculous annual increases in taxes.
they are nasty and obscene,....
With so many purchases over appraised value, what can the under water home owner do?
Hello Lisa, is the property tax paid as a once off at the time of purchase or payable annually?
You pay taxes yearly.
I have an investment home that i bought in 2019 in Orlando that I been renting out. I plan to move in finally as a primary home. Will this decrease my property tax? I paid $215k in 2019 and my taxes are $3200 :( which I think is pretty high for a townhome.
If you homestead the property and convert to primary residence both the taxes and insurance should go down a bit.
So if you don't homestead, the taxes just go up (or down) with assessed value each year? The 3% limit it only for homesteaders ?
Yes, for non Homesteaded the cap is 10% increase.
3% cap applying to investment property?
No, only homes that are Homesteaded.
Where can I find the link to the property tax calculator please
Should be in description box below but I will double check and make sure it is posted.
Can you please do a more in-depth video about the veterans and disabled veterans tax exemptions? I heard property tax can be completely waived for disabled vets. Is this correct? Sounds too good to be true
@@monymony68 it can but you would need to reach out to local governing body for details on this. I can only give general information on this.