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Property Taxes Decrease For Out Of State Owners

A welcome sight to out of state property owners is seeing their tax bill drop sometimes as much 15%. In the past out of state owners have felt the sting of the rapidly increasing market appreciation as much as 10% to 15% a year which translated into huge increases in their tax bill. While in state owners who have their property homesteaded would only see a maximum taxable value increase of 3% a year. This might be the first year in many years that the homesteaded properties taxable rate will increase and the non-homesteaded properties taxable value will increase.

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About the author:

Kyle Hogan

Kyle Hogan is full time Realtor, Broker Associate and Sales Executive at Keller Williams Realty of Brevard. Kyle has used his knowledge of customer relations, excellent sales skills and phenomenal marketing abilities to become a respected and recognized name in the competitive Brevard Real Estate market.

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