Saturday, June 17, 2017

In Your Case I'll Make an Exemption

Meanwhile in Florida
It has come to your LakeCountyEye's attention that property taxes are due in Lake County. Two weeks ago. Oops.

While searching the sofa cushions to take care of the minimum payment, your LakeCountyEye came across a tip for reducing your tax bill. It's called a General Homestead Exemption, according to this Daily Herald story:
Homestead exemptions, granted for homes occupied by their owners, make up as much as 95 percent of eligible property in some townships but as little as 70 percent in others.
How suburban assessors discovered hundreds of illegal exemptions
And while you can claim the exemption for your primary residence, enterprising home owners are also taking the exemption for their vacation homes, rental properties, and most importantly Florida real estate.

While technically not legal, this seems a win-win by your LakeCountyEye's reckoning. Even if it did mean you would have to live in Florida.

2 comments:

Anonymous said...

All that detective work by the Grant Township Assessor, yet she somehow still hasn't discovered this tax fraud right under her nose:

www.lakecountyeye.com/2016/11/the-non-profit-motive.html?m=1

Anonymous said...

The Daily Fishwrap strikes again.