coconut grove: Save Our Homes: Tax Portability for Your Home in South Florida.
- 01/20/11 01:37 AM
Save Our Homes: Tax Portability for Your Home in South Florida. As buyers have started to feel the ‘itch’ to buy something, whether it be move up or move down buyers, the Florida Portability Tax Law is a constant question we receive. So I thought I should discuss it again. Below you see a spreadsheet showing both the Portability benefit for Downsizing and Upsizing. I have included a short explanation. Downsizing from your home Pinecrest, Palmetto Bay, Coral Gables or Coconut Grove: You sell your current Florida home that has an Assessed Value of $900,000 and a Market Value of $1,250,000. You (0 comments)