This post is specific to property taxes in Seminole County, FL but will likely apply to other counties as well. Be sure to confirm dates and tax filing forms required for your county of residence.
WHAT IS A HOMESTEAD EXEMPTION?
Homestead Exemption is a tax reduction allowable to homeowners who make their property their permanent residence. If approved, this exemption could reduce the taxable value of your residence by up to $50,000. The first $25,000 of this exemption applies to all taxing authorities. The second $25,000 of exemption excludes School Board
