Florida Homestead Exemption: How It Works & How to Save on Property Taxes
Posted by Brian Pearl on
Understanding the Florida Homestead Exemption: A Guide for Homeowners
The Florida Homestead Exemption is a powerful tool that provides property tax relief and other legal protections to homeowners in the Sunshine State. This exemption can significantly reduce your annual property tax bill and offers benefits that extend beyond simple tax savings. If you're a Florida resident and own a primary residence in the state, understanding the homestead exemption is crucial.
What is the Florida Homestead Exemption?
The Florida Homestead Exemption is a property tax benefit available to homeowners who occupy their Florida property as their primary residence. Eligible homeowners can receive up to a $50,000 reduction in the assessed value of their home for tax…
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