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Monthly Archives: February 2022
The Florida Homestead Exemption, how you may be able to reduce your tax burden and protect your primary residence from judgment creditors.
Florida is home to sunshine, beaches, and much more. While many individuals vacation in the sunshine state, others choose to make it their home for a plethora of reasons. One of these many reasons may be the Homestead Exemption and creditor protection delineated in the Florida Constitution. In short, the tax exemption applies to every person who has legal or equitable title to real property in the State of Florida, who resides thereon, and in good faith makes it his or her permanent residence. To make a property one’s permanent residence, they must establish their domicile in that State. The […]