#homestead-exemption

#homestead-exemption

According to the governor, lifting the homestead exemption to $250,000 would wipe out property taxes for roughly 60% of Florida homeowners. But the state's own data tells a more modest story: only about 47% of homesteaded properties in Florida are valued at $250,000 or less, UBS noted. At the $500,000 threshold-again, where DeSantis promised 92% coverage-Florida's own data pegs the share at just 75% to 80%.

The court ruled that just because a homeowner has access to funds through a HECM doesn't mean those funds can be garnished until the homeowner actually requests a draw.