Hey there, homeowners!
Just dropping in with a quick, but super important reminder for all you homeowners out there. There’s a deadline looming that you definitely don’t want to miss – the Homestead Exemption deadline on March 1st.
Now, for those scratching their heads wondering what this is all about, let us break it down for you. The Florida Homestead Exemption is a nifty way to get a break on your property taxes. It can reduce the taxable value of your primary residence by up to $50,000, within certain value limits. That means some sweet savings when tax season rolls around.
But there’s a catch – you’ve got to be eligible. Here’s the lowdown on eligibility:
- The property must be your primary residence OR the permanent residence of someone you can claim as a dependent.
- You must have lived at the property on or before January 1st of the tax year.
- Be mindful that renting the property for more than 30 days in a calendar year could affect your eligibility.
Just moved into a new place? Never applied for Homestead Exemption before? Now’s the time to hustle and get it done.
Here’s your game plan for applying:
Gather Your Documents:
- Your deed or tax bill for proof of ownership.
- Your Florida driver’s license or State issued I.D. Card.
- Vehicle registration – at least one vehicle must be registered in Florida at the property address.
- Voter’s registration (if applicable).
- Permanent Resident Alien Cards (if applicable).
Fill Out That Application:
You can usually apply online, by snail mail, or in person at your local property appraiser’s office.
Online Application Links by County:
Volusia County Homestead Exemption
Seminole County Homestead Exemption
Lake County Homestead Exemption
Orange County Homestead Exemption
Osceola County Homestead Exemption
Polk County Homestead Exemption
Beat the Deadline:
Make sure your application is in before March 1st to enjoy the benefits for this tax year.
Stuck or need some help? No worries, that’s what we’re here for. Reach out to us anytime if you’ve got questions or need a hand with the application process. Our team at The Nickley Group is always ready to support you in snagging every opportunity to ease your tax burden.
So, mark your calendars, set a reminder, do whatever you need to do – just don’t let this chance slip away. The deadline is closer than you think, and trust us, your wallet will thank you later.
Stay savvy, homeowners!