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What is the difference between “homestead” and “non-homestead” tax rates?

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What is the difference between “homestead” and “non-homestead” tax rates?

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If you own and occupy your home as your principal residence, it should qualify as Homestead and it maybe exempt from a portion of your local school operating taxes. Non-principal residence and business are considered Non-Homestead and are liable for school operating.My taxes are too high.

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