I never got the Homestead Memo!
I learned about homestead years after I purchased my first house, which resulted in me missing out on precious tax savings. Eventually, I learned, researched, and filed for homestead, only to end up missing that year's deadline, which resulted in me missing another year of tax savings.
YES!
Finally, the following year I had my homestead go into effect!
NO!
Not again?! I learn that I missed MORE tax savings after the fact! Grrr!
Okay...
So, the year my homestead went into effect, I learned there are additional tax exemptions that I could have added to my standard homestead exemption. However, by the time I filed for my additional exemption, it was in vain because I lost all exemptions when I moved.
WAIT!?
I didn't know it was possible to transfer my previous homestead, so, yet again, I missed out. What the heck!? If I only knew about portability, I could have transferred my accumulative 'Save Our Homes' benefits and reduced the taxes on my new house.
Lesson Learned!
All-and-all, I missed out on thousands of dollars in property tax savings.
We can't let this happen!
If you, or someone you know bought a house...
PLEASE! Don't do what I did!