If you're planning to claim a homestead exemption, you must first apply for a Florida driver's license. Michigan Homestead Laws offer a robust form of protection for homeowners, akin to Florida's Homestead Exemption.As soon as you make Florida your primary residence, you lose this exemption. This can result in a pretty big tax penalty. Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. If you purchased a home or condo, file documents with the local property appraiser to obtain the homestead tax exemption on your home. You cannot transfer your homestead exemption when you move from a previous Florida homestead to a new Florida homestead. At its core, homestead exemption reduces the taxable value of a homeowner's primary residence, meaning a portion of the home value will not be taxed. Since you vote in the township where the apartment is located and the apartment is the address on your driver's license. 5. If you move to your new residence before your first home is sold, the exemption expires on December 31 of the year you move out.
