#5: What You Should Know About Saving Money on Florida Property Taxes With Homestead Exemption
Description
Can you feel tax time creeping in? There is nothing Brad and I despise more than doing taxes I have to admit, but when it comes to this time of the year, there’s a sneaky deadline that comes and goes just like that. And if you miss that deadline, you lose out on some big property tax savings.
What are we talking about? We're referring to the Homestead Exemption. So if you recently purchased a house or condo in Florida, it is your primary residence, and you have not yet filed your homestead exemption forms with the county, you need to pay extra attention to today’s episode because that filing deadline is coming up fast - and nobody else is going to remind you!
Before we get into it, we have to preface this by giving you our disclaimer that we, the Florida Heritage Team, and/or Premiere Plus Realty does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should always consult your own tax, legal and accounting advisors before engaging in any transaction.
We've put together a quick & easy cheat sheet with links to all the forms you'll need to submit, where to bring them, county addresses, phone numbers, and other helpful info to make sure this is as easy as possible for you! Just go to www.FloridaHeritageTeam.com/5 to access that.
On another note, if you have a friend or a family member that is thinking about buying a place here in Florida or that just bought one, would you please be their best friend ever and forward this episode to them? This is one of the most common things for new Florida homeowners to forget to file with all the hustle and bustle of moving, and once that filing deadline has passed there’s not much you can do. You’ll have to wait to file for the following year, and will miss out on your tax savings until then!
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