I’m hearing from a lot of buyers regarding how to file for their Homestead Exemption. If you purchased a Florida property in 2007 as your owner occupied, primary residence, you are eligible for the homestead exemption as long as that property is your permanent home as of January 1st. This means you will receive a tax-saving exemption on the first $25,000 of assessed value (as determined by the County Property Appraiser) You have until March 1st, 2008 to file so just ensure you contact the County Property Appraiser’s Office prior to March 1st, and provide proof of property ownership such as your deed or tax receipt. This can result in a significant savings in your annual tax bill so don’t forget! The deadline is fast approaching.
