Tag: Taxes

Posted on 07/07/2024

For many, flipping homes is lucrative. However, there are many costs associated with flipping a property, and it’s important to budget carefully for every detail. Here are the major costs to consider when determining how much funding you’ll need for a flip: Down Payments Just like buying a move-in ready house, buying a house you intend to flip...

Down Payment

Financing

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Posted on 12/18/2022

Property tax guide: Why millage rates matter

If you pay property taxes, you've likely encountered the term "millage rate." While the term is often used interchangeably with tax rates, there are some key differences to understand. To help you better navigate the world of property taxes, here is an overview of the basics of understanding millage rates: What does “millage” mean? Millage rate, also called...

Millage

Millage Rate

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Posted on 03/29/2020

What are Florida's Homestead Exemption Laws?

Photo by Kelly Sikkema on Unsplash Florida has fairly lax homestead exemption laws. In addition to the homestead exemption, property owners might be eligible for additional tax breaks, including the Save Our Homes assessment limitation. Veterans, seniors, disabled first responders and active duty service members all have additional tax breaks. Additionally, properties with special uses might also qualify...

Taxes

Real Estate Laws

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