The Florida homestead exemption is a property tax break that's offered based on your home's assessed value and provides exemptions within a certain value limit. You cannot transfer your homestead exemption when you move from a previous Florida homestead to a new Florida homestead.The homestead can't exceed one acre in a city or 160 acres in a rural area. How to fill out the Florida Homestead Property Tax Exemption Guide? Applicants must file a Form CC-501 – Original Application for Homestead and Related Tax Exemptions, to apply for the homestead exemption on the new homestead. AV-10 Application is for property classified and excluded from the tax base under North Carolina General Statute. The deadline to timely file for a homestead exemption is March 1, 2024. Late filing is permitted through early September. When to file: Application for all exemptions must be made between January 1 and March 1 of the tax year. Douglas County has additional exemptions.