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Crushing Debt Podcast

The Crushing Debt Podcast is for people who want to eliminate the financial bullies in their lives. It is for listeners who want more money at the end of the month, rather than more month at the end of the money. The podcast provides answers around such topics as real estate litigation, partition, quiet title, chapter 7 liquidation, chapter 13 reorganization, and Chapter 11 business bankruptcies, short sales, loan modifications, creditor harassment and other related topics.
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Mar 8, 2018

In this week's episode of podcast (the last of Year 2), we talk about Property Tax Portability. 

Applications to qualify your FL residence as your Homestead were due March 1, however what happens if you move from one primary residence to another?

Florida has a "Save Our Homes Cap" that prevents the taxable value of the homestead property from increasing by more than 3% from year to year.  Previously, when the homeowner moved, they lost that 3% cap.  In response, the Legislature enacted "portability" that allows the homeowner to carry with them (to port) their 3% savings from one homestead to another.

For more information, of if you want to ensure that your homestead was ported properly, contact us at Shawn@YesnerLaw.com or www.YesnerLaw.com 

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