Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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Russ, there’s no such restriction referring to x number of months of residency. The main idea of the declaration is to prevent an individual from double dipping on the real estate tax exemption and claim it on more than one residence, here and/or in another state. You can only claim one home as your permanent residence during a given tax year and your name must be on the deed.
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#17
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You do know BIG BROTHER ,and both states are probably checking your tax returns as we speak! Good luck.
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#18
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I went to talk to the Fl tax people (corner of Morse and 466)to talk about homestead when we still owned up north in Va and also had the house here TV. Both houses were titled in both names. I was retired while my spouse was still working. It was very clear to me that I could declare FL as my residence, get the drivers license and voters card etc and declare 50% of the Florida Homestead exemption as a Florida resident. My spouse while still working in VA is a VA resident and would have to file state taxes as a VA resident. I would have no state filing requirement. VA has no homestead exemption but for the states that do you CANOT declare both.
If you have any questions on this i would contact the Florida Tax people and they can clear it up for you as far as Florida is concerned. |
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