Quote:
Originally Posted by buggyone
Are the part time residents who have a car licensed in Florida and another in their homestate able to qualify for the $25000 homestead exception here in Florida?
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you will probably lose any residency advantages from the other state, but you should check as each state's laws may differ. Our summer home is in Ohio - we cannot get the 2.5% resident occupied reduction on our property tax there, but we are much better off being Florida residents to get the $25,000 (I believe it's per person) homestead exemption here and no state income tax.
Everyone's tax situation is different.