Tag: Benefits

Homestead Your Florida Home ASAP!

If you own a property in Southwest Florida and purchased it in 2023, then it’s important that you take action between now and March 1st in order to homestead your property. Homesteading property in Florida has several benefits. Benefits of Homesteading 1. You get a $50,000 reduction on your tax basis In general, the owner of real property in Florida pays […]

Handy Tax Benefits as a Homeowner

As a homeowner, you have access to several tax benefits that can help to reduce your tax liability and save you money. List of Top Tax Benefits of Homeownership Mortgage interest The interest on your mortgage is tax deductible, up to certain limits. Property taxes  Property taxes on your home are tax deductible. Capital gains […]