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HOMESTEAD EXEMPTIONS
1. You can reduce your property taxes by about $800 per year.
2. Once you file and your homestead kicks in, going forward, the county can only raise the value of your property (and subsequently your taxes) the lesser of inflation or 3%. Currently, we are experiencing double digit appreciation. You will be protected from that.
3. If you sold a homesteaded property in Florida recently, you may qualify for an additional tax savings through something called portability. I can help walk you through this.
Go directly to the site for the most accurate information:
Hillsborough County Homestead Exemption E-File