If you live FULL TIME in Florida there is a cap on property tax increases. Many people in Florida own homes but do not live here full time and therefore are not eligible for this protection against increases. But they don’t have an age limit that ends all increases.
Yes it does help limiting some snow birds. There is a whole methodology with snow birds. Unrelated to property tax and and home ownership. To establish state residency you need to physically live 6 months and a day in a state to be considered a “resident” there. Many try to get around it. But states go as far as checking where your cell phone is along with credit card purchases to catch people lying about where they were.
If you live FULL TIME in Florida there is a cap on property tax increases. Many people in Florida own homes but do not live here full time and therefore are not eligible for this protection against increases. But they don’t have an age limit that ends all increases.
Sounds like it’s working as intended to target snow birds or landlords owning multiple properties
Yes it does help limiting some snow birds. There is a whole methodology with snow birds. Unrelated to property tax and and home ownership. To establish state residency you need to physically live 6 months and a day in a state to be considered a “resident” there. Many try to get around it. But states go as far as checking where your cell phone is along with credit card purchases to catch people lying about where they were.