If you are debating on whether you should make an offer on a new home before the New Year, now is the time to stop deliberating and submit your offer!
Closing by the end of the year will qualify you for the Florida Homestead exemption, providing you a significant tax savings for 2020. You can only take a homestead exemption for a year if you live in the home as of January 1st. Accordingly, you can’t move to Florida during the year and claim a homestead exemption for that year.
If you are considering placing an offer on a home, NOW is the time to do so to lock in a contract to close by the end of 2019 and take advantage of your tax benefit! Call me TODAY at 941-544-7690
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