Ep. 184 - How Florida Homeowners Are Legally Slashing Their Property Taxes

Did you know Florida homeowners could be leaving thousands of dollars on the table in property tax savings? In this episode of the Watch More podcast, host Quinton Harris talks with Casey and Steve Vockell from My Exemption Check about a lesser-known strategy to reduce property taxes in Florida. The father-son duo explain the Save Our Homes Act, homestead exemptions, and the concept of portability. They reveal how these elements can lead to significant tax savings when selling or buying a home in Florida. The conversation also covers the impact of portability on divorce settlements and why many real estate professionals overlook this opportunity. Whether you're a current Florida homeowner or considering buying property in the Sunshine State, this episode offers valuable information to help you understand and potentially reduce your property tax burden.

[00:00 - 02:14] - Introduction to My Exemption Check

[02:15 - 05:29] - Save Our Homes Act and Homestead Exemption

[05:30 - 09:44] - Understanding Portability in Florida

[09:45 - 13:29] - How to Maximize Your Tax Savings

[13:30 - 17:59] - Portability's Impact on Divorce Settlements

[18:00 - 22:44] - The Process of Appealing Property Values

[22:45 - 27:14] - Time Constraints and Deadlines for Appeals

[27:15 - 31:44] - Cost-Benefit Analysis of Using My Exemption Check

[31:45 - 35:59] - Portability as a Marital Asset in Divorces

[36:00 - 40:10] - Closing Thoughts and Recommendations

Key Quote:

"A lot of people know what their property taxes are and they know they got to pay them, but what they don't know is the money they can save." - Quinton Harris

Resources:
https://floridarevenue.com/property/Pages/LocalOfficials.aspx

My Exemption Check:

https://myexemptioncheck.com/

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