Letter from attorney to opposing counsel requesting documentation concerning homestead exemption for change of venue motion.
Letter from attorney to opposing counsel requesting documentation concerning homestead exemption for change of venue motion.
To get a homestead deduction on your Florida taxes, you have to fill out an application form, the DR-501, and demonstrate proof of residence by March 1 of the year for which you wish to qualify.
A 20% optional homestead exemption is given to all homeowners in Harris County. If the value of your home is $100,000, applying the exemption will decrease its taxable value for Harris County taxes from $100,000 to $80,000.
Using the HCAD app to file your Homestead Exemption The app is called the HCAD Information and Exemption App and it allows a property owner to submit a residence homestead exemption application by providing images of the front and back of their driver's license as well as check the status of the application.
Here's how a homestead exemption can translate to savings. A homestead valued at $400,000, taxed at 1%, is eligible for an exemption of $50,000. The property's taxable value will be $350,000, and the tax bill $3,500. Without the exemption, the property tax bill would be $4,000.
You may also call our office at (954) 357-5579 for assistance with filing for any exemption or to schedule a virtual meeting with our staff.
The Additional $50,000 Homestead Exemption for Persons 65 and older (FS 196.075) reduces the assessed value of your property and can result in significant tax savings.
First-time Homestead Exemption applicants and persons applying for the Homestead Assessment Difference (Portability) can file online.
Your homestead and most other exemptions will automatically renew every year, unless you notify our office that you are no longer eligible. If you move, you must file a new homestead exemption application for your new residence.