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Updated about 3 years ago on . Most recent reply
How many houses can be under homestead
I bought a house and filed Homestead. Later I moved to a different house and filed homestead for it. In the application I mentioned that my old house was still under homestead. But I still see that both of my houses are under homestead. When is the homestead exemption taken away from the house?
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Wayne Brooks
#1 Foreclosures Contributor
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- West Palm Beach, FL
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@Suneel P. It is up to you to remove the homestead from the previous property. Here, they will eventually find out, and the penalties are over 50%/year of the non homestead rate, plus the back years of the difference.