Chapter 18 Flashcards
Property and school tax rates in Florida are expressed As
Mills
Estimated value determined by county property appraiser
Assessed value
What can u do if don’t agree with an appraisal
Protest assessment by requesting informal conference w county property appraiser
What are examples of immune properties in regard to tax
Local- schools
State- court houses
Federal-airport
Does 2nd exemption get school mills
No
Widower exemption
$500
Veteran 10% disability widower basic homestead exemption
$35000
Do disabled veterans pay property tax
No
New homeowner has higher tax bill due to
Save our homes assessment limitations
Special assessment
Anything that adds value to your property
Which are deductions u can make against income tax
Real estate property tax deduction
Mortgage interest deduction
Home equity loan interest deduction