Question: Will inheritor of Florida property with low property tax (homesteading) pay a new, higher tax?

Answer:  Thanks for the question.

The answer is yes-new owner will pay new tax rate  based on current market value at time of transfer.

Joseph F. Pippen, Jr., Attorney at Law
Law Office of Joseph F. Pippen, Jr. & Associates
Largo, Florida  33771

Will an Inheritor of Homesteaded Florida Property with Low Property Tax Pay a New, Higher Tax? was last modified: June 28th, 2018 by Phil Sanders