Property taxes should be 0% for the following property:
- Residence for the owner for most of the tax season.
- (i.e. Primary house for a person or family)
- This would not apply for housing that is not the primary residence of the owner of the property, such as a Beach House or if the tenant is not the owner of the house and the owner is not seeking payment from the tenant.
- Primarily for business reasons.
- (i.e. Restaurant and Apartments)
- Except from this exception is renting single-family houses.
- (i.e. Restaurant and Apartments)
(See Funding PreK-12 for new way to fund schools.)