#ChickChat Episode 17- Florida Homestead Exemption
So what is the Florida homestead exemption? You can save up to $50,000 on your property taxes with a homestead exemption on your primary residence. Yes. There's three parts to this homestead exemption. Number one, it saves your asset of your home if you are ever in a lawsuit or can't make a payment or something, and creditors that are going to come after you. Number two, it saves your home as for the surviving spouse or heir. And number three, you get a great savings on your property taxes by having a homestead exemption on your primary residence in Florida. So make sure when you buy a home, you do get your home on the homestead exemption. You can do it online, in person or call.
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