florida homestead exemption advice on rental - Posted by john

import · February 16, 2001, 10:18am

Posted by Michael Morrongiello on February 16, 2001 at 14:52:56:

If you have leased the home and no longer reside in the home, then it cannot be your homestead. You can only claim one homestead at a time, your personal residence.

You may open yourself up to possible felony charges if discovered otherwise. I would strongly consider those consequences as oppose to the increased taxes you might incur.

I hate paying any more taxes than my “fair share” just like the most people.

Michael Morrongiello

import · February 16, 2001, 10:18am

florida homestead exemption advice on rental - Posted by john

Posted by john on February 16, 2001 at 11:18:47:

hi,
i need advice on homestead exemption in florida.we recently leased our 3/2 home on feb01.is there anyway i can claim homestead exemption on this leased property now.
thanks john

import · February 16, 2001, 5:33pm

Re: florida homestead exemption advice on rental - Posted by Rob FL

Posted by Rob FL on February 16, 2001 at 18:33:36:

I’m not a lawyer, but I do know a lot about Florida real estate law.

If you were residing on the property on January 1, then you can claim a homestead exemption for that particular tax year. This is true even if you moved out on January 2.