[starflyte1]

An advantage to homesteading is that it sets the base cost of your home so that your property taxes can only go up a certain small % per year because of the Save our homes act. When property values were going up so much per year, the Save our homes act could save several thousand a year.

I did not explain it very well but we were homesteaded in South Florida and our neighbors were not. Over the years, as property values skyrocketed, our taxes went up a few hundred dollars each year, but our two neighbors jumped thousands per year, eventually getting to $16,000 for one home and $9000 for the other.