Florida Homestead Exemption
One thing I wasn't expecting was the homestead exemption and one particular rule. I have my home in an LLC. In Idaho I still qualify for a homestead exemption but not in Florida. If I want to protect my home and keep it out of my name it has to be in a trust to get that exemption. They won't tell you that until it's past the expiration date. That cost me an extra $1000.
__________________
“Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! What a Ride!” - Hunter S. Thompson
|