09/20/2026
๐ก Florida Homestead Exemption: An Important Proposed Change to Know! ๐ดโ๏ธ
Whether you already own a home in Florida or are considering moving to Florida, thereโs an important detail in the proposed homestead exemption amendment that could affect you.
๐ Hereโs the key point:
๐ Current Florida homestead owners: You would not be subject to the new waiting period for the increased exemption.
๐ด Moving to Florida: If you are not a Florida resident on December 31, 2026, you would initially receive the existing homestead exemption once you qualify. The increased exemption would then begin with your fifth year of claiming the exemption, subject to the constitutional limitations outlined in the amendment.
โณ Why this matters: If youโre planning to buy a home in Florida, your timing and homestead status could be important when considering your future property taxes.
๐ฒ Have questions about how this could affect your real estate plans? Reach out to me today! Iโm always happy to help you navigate the details of buying or selling a home in Florida.
๐ก๐ด Thinking about making a move? Letโs talk!
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