I have multiply properties, do homestead exemptions only apply to one of them?
Yes most States mandate only one homestead and in many cases you are fined if you have more than one.
Homestead is for your primary residence only and cannot be applied to multiple properties.
Ok that’s great to know because I thought was not true. Any other benefits out there I am not aware of
Homestead exemptions are only for your primary residence (putting it on more is sometimes a criminal charge). Depending on the state, you may have asset protection as well.