Property taxes due? Florida’s Save Our Homes saves homeowners thousands. Here’s how it works

The Save Our Homes program in Florida limits property tax increases to 3% or less for homesteaded properties. This protects homeowners from being taxed out of their homes as property values rise. The assessed value of a property covered by a homestead exemption cannot increase more than 3% or the percent change listed in the Consumer Price Index. The program does not apply to non-homesteaded properties, which can see tax increases up to 10% per year. Homeowners can also transfer their Save Our Homes benefits to a new home if it qualifies for a homestead exemption.

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