Now that you have closed on your dream property, you might be faced with some questions regarding your homestead exemption:
1. What is Homestead exemption? Every U.S. citizen or legal resident that has legal or equitable title to real property in the State of Florida and who resides thereon and in good faith makes it their permanent home as of January 1st, is entitled to claim up to $50,000 exemption on their primary residence. The first $25,000 of this exemption applies to all taxing authorities. The second $25,000 excludes school board taxes and applies to properties with assessed values greater than $50,000.
2. When is the deadline for filling? The deadline is March 1st of each year.
3. What documentation will I need? Applicants are required to furnish their social security number, and should have available evidence of ownership such as warranty deed or a tax bill in your name. If property is held jointly by husband and wife, either party may come in to apply for exemption. If filing an application for exemption, be prepared to provide two proofs of Florida residency dated prior to January 1st .
4. How to file? Go to the following site in order to download an application: www.miamidade.gov/pa/exempt_homestead.asp
Mail application to:
P.O. Box 013140
Miami, FL 33101
or Visit in person one of the following offices:
Stephen P. Clark Government Center
111 NW First Street
Miami, FL 33128
South Dade Government Center
10710 SW 211th Street, Room 207
Cutler Bay, FL 33189
If you have any other questions regarding this topic please use the link above for more information or just give us a call 305-408-8045.