Heads up Floridians with Homesteaded property. you have until close of business on Monday to GO TO YOUR TAX OFFICE to apply for portability of Save Our Homes tax benefits.
If you sold a homesteaded property in 2007 and purchased a new one before January 1, 2008, then you are eligible to apply some or all of the tax benefits of Save Our Homes to your new home - BUT MONDAY MARCH 3 is the deadline.
My understanding is that next year, the portability will be automatic, but we have to wait and see. For now, Monday is your very last chance.
The application forms are available from your local property appraiser and also from the Florida Department of Revenue site - http://dor.myflorida.com/dor
However, my understanding is again, that you must hand deliver this application to your county's property appraiser by close of business on Monday.
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(Copyright © 2008 By Simon L Conway All Rights Reserved.)
Please give me a call if you have questions about the Central Florida real estate market. You can reach me on 407 876 8200. Also visit my web site at http://www.simonconway.net/ or http://www.move2orlando.net/
Also remember to check out my weekly radio show - The Home Team - which airs every Sunday at Noon Eastern and if you are not in Central Florida then you can tune in on line at http://www.540wfla.com/
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