The Florida Homestead Exemption Deadline is Coming Up: Are You Ready?

The Florida Homestead Exemption is one of the most valuable benefits for homeowners in the Sunshine State. With the March 1 deadline fast approaching, now is the time to ensure you’ve filed and are reaping the benefits. Here’s the details on how to file homestead in Florida:

What is the Homestead Exemption? The Homestead Exemption reduces the taxable value of your primary residence by up to $50,000, which can significantly lower your annual property tax bill. It also provides additional protections, such as capping annual assessment increases through the Save Our Homes benefit.

Who Qualifies? To qualify, you must own and occupy your home as your primary residence as of January 1 of the tax year. You must also file your application with your county property appraiser’s office by March 1.

How to Apply Filing is simple and can often be done online. You’ll need documentation like proof of residence, a valid Florida ID, and evidence of ownership, such as your deed.

Lee County Homestead Application      Collier County Homestead Information

What Happens If You Miss the Deadline? Missing the deadline means losing out on significant savings for the year, so it’s important to act quickly. Even if you’re a new homeowner, you’re eligible to apply for the exemption in your first year of ownership.

Let Us Help! At The Title Link, we understand how important it is to protect your investment. Contact us for assistance or to learn more about how the Homestead Exemption can benefit you. Don’t wait—March 1 will be here before you know it!

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