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Homestead cheaters are being BUSTED!

It seems there are plenty of people who have been cheating the systems. (What's new?) It looks like people who have moved away and have been renting out there homes. It makes sense with the inventory still so high to at least cover the cost of the mortgage.

Here is the problem. Since they moved away its no longer consider a Primary Residence. So you are to report when you move away and you will be taxed differently. This money is used as our school money and for fire and police for starters. So here we are losing money because they haven't updated there records.

So the property appraisers office is going through all the records and heading out to the homes and looking to see if people are still in there homes or if someone else is there.

The City of Sunrise was able to recover $181,000. It may not seem like alot of money, but when a school can put that money go back into the system that can cover alot!!

So if you have moved and haven't updated your address I suggest you do so now.

Jeannette Neerpat
9000 Sheridan Street
Pembroke Pines, Fl 33024
www.Neerpat.com

Would you like a Free Market Analysis? Visit www.Neerpat.com or call 954-993-4104.

Posted Tuesday Mar 10
( 03/10/09 10:43AM ) — Chris Ann Cleland, GRI

Jeanette:  Glad to hear that there is accountability in something.  Never have liked cheaters.

( 03/10/09 12:21PM ) — Renae Bolton ~ Marketing 4 Realtors

So many people think it doesn't matter but it really, really does.  Little things like changing how your taxes are applied or to which department the tax payments go is really important.  After all, as long as you still own the property, you will still get taxed.  What matters is where that tax money goes!


~Renae

( 03/10/09 12:45PM ) — Kathy Toth Ann Arbor, MI Real Estate

$181,000 doesn't seem like a small amount to me.  How many books can that buy? How many pieces of sports equipment?  That's a nice chunk of change there.  Hopefully they'll keep getting more money in to help the schools!


Kathy

Bilking the system may seem like a good idea at the time until you see who is really getting hurt in the process.  Take care and happy blogging!

I don't agree with everything the government does, but if they are breaking the rules they deserve to be caught. My question is how much are they spending to get that $181,000?


 


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