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State of Florida – Homestead rebate and changing ownership of a house to a trust
State of Florida – Homestead rebate and changing ownership of a house to a trust This may be a longshot. My father owns a home outright in the state of Florida. He takes advantage of a Florida program that takes up to $25,000 off the taxable value of his home. He is wondering if he changes the ownership on the house to a trust, would he lose the $25,000 reduction in the taxable value of the house. I believe it does, but hop...
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