Cape Coral

[jmfkmb49]

My HO on a 1600 sq. ft. house in North CC is $1700 ($233K insured) and my taxes were $2300ish(?). Taxes should go down this year due to the decline in values and Amendment 1 that passed in January.

[NYBill]

S/E Cape 100x125 with Sailboat Access.

6300 a year.

House is written for 435 then taxed on that apprasil, then homesteaded.

It was 7400 the year before but when property values dropped so did my taxes.

I expect it to go down also next year.

I got sort of stuck with being an out of state owner for 2 1/2 years during the upswing and was honest in trying not to fake being a part time resident for 6 months year. God only knows there are a ton of them all over Florida

I orginally started at 2400 in 2002. Then the out of state thing kicked in and went 3800 in 2003, then 4900 in 2004, then when I moved here in 2005 jumped to 5800 then got 2006 for 7400. They need a puke icon here...LOL...2003, 4, 5 I was not homesteaded I was still considered an out of state owner when I moved here in 7/05.

Thats how bad it got for out of state owners and IMHO this homestead law has outdated it self and is useless unless you have been here a long long time.
Not a good subject for me!!! And really worth another whole topicjust not know.....LOL

The reason being is that they tax you on what the average appraisl was the year before. Now I dropped to 6300 last year with a home value of 435AS OF NOW!!!

[NYBill]

Just realized I got promoted to a SENIOUR MEMEBER!!!

Funny I just joined AARP the other day.( Jr Memeber) Just made the age limit.

I wonder what will happen if I show my AARP card at the Lee County tax appasers office....he will show me his...LOL and probably being a charter memeber...

Now all we have to do is get oil off our backs

[NY62]

Originally Posted by NYBill

Welcome to the Cape.

You just made it in time to quailfy for homesteading in Januray. Must be a resident for 6 months prior to filing.
Make sure you have Fl drivers licence, car regsitered, voters registartaion and some of electric bill in your name along with your SS card.

Call them and see what else you need just in case.

Thanks Bill , when I finally get down there we should go fishing. We are waiting for my son to graduate this year , in june. My other one lives in Naples already. I will probably start getting stuff there this month, and I will switch my licence and reg and stuff then. Just wondering how do we get NY sports , I have to see my jet games .

[jeffabb]

The rental market for landlords is in the toilet. The speculators/investors that bought houses and could not flip them, rented them at whatever they could get. I had to make my rent prices below what I really need to rent it at (and I didn't buy high or no money down or anything of that stuff). Don't expect to get much in the way of rent until the market shakes out or you have something on the water (and not even then until the market firms up more). There is a lot of blame to go around here, investors, real estate agents, mortgage brokers, and buyers... it was all based on greed and unrealistic expectations. So here we are in the shake out.