Your Permanent Residence for the Homestead Tax Exemption
By Jessie Feldman, Esq.
June 12th, 2020
As most Florida homeowners know, the
Florida Constitution provides for a valuable homestead tax exemption. In
general, to qualify for this exemption under Section 196.031 of the Florida
Statues, you must have legal or beneficial title to your home and in good faith
make the home your “permanent residence” as of January 1st. Determining whether you make the home your “permanent
residence” can be complicated for those who have multiple homes or sometimes
rent the home on occasion.
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