"In Florida, can U transfer ’save our homes’ property tax break when buying new house if not selling old one?
April 24th, 2010 | by admin |I bought my house in 2002, now I’m moving to another house (also in Florida but a different county). I have the ’save our homes’ tax break on the first house. Can I transfer it to the second house even though I am not selling the first house? (I am planning to use the first house as a rental property). What is the best thing to do in this situation to minimize taxes?
No you need to sell the first place to transfer the tax break
One Response to “"In Florida, can U transfer ’save our homes’ property tax break when buying new house if not selling old one?”
By Worldly25 on Apr 24, 2010 | Reply
No you need to sell the first place to transfer the tax break
References :