If you are thinking of moving to Florida and having your permanent residence here you may be eligible for the Florida Homestead $25,000 property tax exemption.
To qualify for 2008 you must meet the following requirements as of January 1st, 2008:
- Have legal or beneficial title to the property
- Reside on the property
- Be a permanent resident - proof must be dated before 1/1/08
- Be a US citizen or possess a green card
The filing deadline is March 1st, 2008. For more information you can check with the property appraiser of the county the home is in or MyFlorida.com.
There are additional exemptions for widows/widowers and various disabilities.
This is another reason it's A GREAT TIME TO BUY A HOME in FLORIDA. If you're looking and thinking - don't wait. There's still time to find a home, close the sale and move in before the end of the year.
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