naples real estate blogger

Florida Homestead Information

Posted on February 19, 2008

Florida 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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