File for Florida Homestead Exemption by March 1st | Daytona Beach, Port Orange Homes & Condos
The new year is here and you know what that means; tax time! Sorry to bring this bad news to bear, but as Mark Twain famously opined regarding the difference between a taxidermist and a tax collector: “the taxidermist takes only your skin.” The good news is that this article is actually meant to help you save a few bucks by detailing the Florida homestead exemption.
The Daytona Beach area saw an incredible influx of home and condo buyers recently as work-from-home flexibility becomes the new-norm. For those buyers who purchased in 2020 and made this property their permanent residence, the deadline to file for homestead exemption is March 1st, 2021. The Florida homestead exemption includes a $25,000 initial exemption and an additional $25,000 exemption provided that the property's assessed value is above $75,000, which pertains to the majority of properties here in the Daytona Beach area. Learn more about homestead exemption and how to file at the Volusia County tax appraiser website. Call Kevin Kling at (386) 527-8577 to buy or sell real estate in Port Orange, Ormond, New Smyrna and the surrounding areas.