Portability Of Homesteaded Savings

Portability Of Homesteaded Savings

Florida's "Portability" law allows property owners to transfer their “Save Our Homes” benefit earned on a previous Florida homesteaded property to a new Florida homesteaded property.  If you are applying for a new homestead exemption AND you held a homestead exemption on a previous property within the last 2 tax-years anywhere in Florida, you should also submit a Portability application with your Homestead application. Note:  a Portability application transfers any tax savings you have earned, but it does NOT transfer your Homestead exemption from one property to another.  You MUST first apply for a Homestead exemption in order to be eligible for Portability. 

Go to: www.bcpa.net  for more information and applications.

Linda Stevenson Headshot
Phone: 603-264-6920
Dated: January 9th 2016
Views: 233
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