Property taxes can be a financial burden, but exemptions can help reduce those costs by offering significant savings to property owners. There are three exemptions that do the most good for the most ...

Florida Republicans are considering phasing out property taxes, a move championed by Gov. Ron DeSantis. The proposal faces a significant hurdle: Replacing the $50 billion in revenue property taxes ...

As you begin to prepare your 2024 tax return in the days ahead, you should pay close attention to a seemingly innocuous question on page 2 of the return. The question asks whether you owned or held ...

There’s no denying it: Florida homeowners are fed up with property taxes. Tax bills have gotten so high that more than 66% of Floridian voters passed a ballot measure aimed at increasing their ...

The greatest idea I’ve heard in years is one that Gov. Ron DeSantis endorsed on Feb. 13: Eliminating property taxes. Not only would this make the state even more appealing to families and job ...

If you receive property as a gift, you are generally considered to have acquired the property at its fair market value (FMV) on the date you received it. Similarly, if you win property in a lottery, ...

The Texas House and Senate are at odds over how to implement property tax cuts. The House favors sending billions to school districts to lower tax rates, while the Senate proposes increasing the ...

ST. PETERSBURG, Fla. — Florida Gov. Ron DeSantis is pushing for the Sunshine State to abolish property taxes after a Senate Republican filed a bill "relating to the study on the elimination of ...

ORLANDO, Fla. — A new report shows that a push to end property taxes in the Sunshine State wouldn’t come without some pain for consumers. Florida’s taxpayers will be whacked with the highest ...

Gov. Ron DeSantis believes property taxes could be eliminated in his state of Florida but it will take a constitutional amendment to make it happen. The Republican governor responded to a social ...

If the property was your principal residence for any year you owned it before you changed its use, you do not have to pay tax on any gain that relates to those years. You only have to report the gain ...