• ashok36@lemmy.world
    link
    fedilink
    arrow-up
    18
    ·
    5 months ago

    Fwiw in Florida we have what’s called a homestead exemption. You get a big slice of your property value axed for taxation purposes if you live in the home. You have to pay full tax on any other properties. I believe tax rate increases are capped for homes with the exemption as well, but that might be for all homes. I don’t remember exactly.