What is the “Save Our Homes” Assessment Limitation? The Save Our Homes (SOH) assessment limitation in Florida is a significant property tax relief measure for homeowners. Here's a breakdown of how it works and its benefits: The Save Our Homes (SOH) assessment limitation is a Florida constitutional amendment that helps homeowners by limiting annual increases in the assessed value of their homesteaded properties. This limit is set at the lesser
Read MoreFlorida Homestead Every person who owns a dwelling in the state of Florida and who resides in that dwelling and in good faith makes it their permanent residence is eligible for homestead exemption. Once exemption is granted, a reduction of $50,000. is deducted from the assessed value of the dwelling. To qualify you must be a permanent resident of Florida as of January 1st in the year you apply. You
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