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Florida Real Estate Exam Prep 39, Property Tax and Homestead Math
Published 1 month, 2 weeks ago
Description
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The critical difference between market value, assessed value, and taxable value for exam calculations.
- How to correctly apply Florida's two-tiered homestead exemption to city, county, and school board taxes.
- A step-by-step process for calculating a final property tax bill using separate taxable values and millage rates.
- The distinction between ad valorem taxes and special assessments.
- Why property tax liens are considered superior to other liens like mortgages.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep