Posted on: 07th Feb, 2008 01:31 pm
I purchased a house 15 years ago and got married after 5 years. I have a close relative living in the house for the past 10 years. They have been unable to get a mortgage to purchase the home. I would like to add them to the deed so that they can claim half of the homestead exemption that we get in FL. The taxes without the homestead has gotten really high. What form should I use
Hi Guest.
Welcome to the forum.
The criteria to qualify for homestead exemption vary from state to state. But generally the homeowner must be at least 65 years of age or permanently disabled. So are you or your close relative is at least 65 years old?
I think you should better consult with a tax assessor regarding this.
Feel free to ask if you have any further questions.
Thanks.
Larry
Welcome to the forum.
The criteria to qualify for homestead exemption vary from state to state. But generally the homeowner must be at least 65 years of age or permanently disabled. So are you or your close relative is at least 65 years old?
I think you should better consult with a tax assessor regarding this.
Feel free to ask if you have any further questions.
Thanks.
Larry