Sentences with phrase «homestead the property as»

For instance, homestead property as well as investment properties, like rental houses or commercial property, are common assets here in Florida.

Not exact matches

The Bankruptcy Code describes the exempt homestead as property «uses as a residence,» which can include the home that the bankruptcy debtor owns even if the debtor is not currently living there.

This federal law complicates the issue somewhat because it also allows you to apply as a wild card $ 10,825 of any unused homestead exemption amount to any other property you own.

Regardless of what your state laws deem as homesteaded property, for federal bankruptcy purposes, a homestead is your primary residence, the place in which you and your family live.

(A) real or personal property that the debtor or a dependent of the debtor uses as a residence; (B) a cooperative that owns property that the debtor or a dependent of the debtor uses as a residence; (C) a burial plot for the debtor or a dependent of the debtor; or (D) real or personal property that the debtor or dependent of the debtor claims as a homestead.

Eligibility requirements include proof of homestead ownership, use of the property as a principal residence, and residency for the full Tax Year.

Additionally, you can keep up to $ 1,000 equity in personal property, such as furniture, art, and electronics, or $ 4,000 equity in personal property if you're not using the homestead exemption; up to $ 1,000 in equity of your vehicle — more if filing bankruptcy jointly with your spouse; and pensions and most retirement accounts, under federal non-bankruptcy exemptions.

We continue on along the back of the Yappala Range and onto more private property, passing homesteads from the past as well as the present.

This accommodation is part of a unique National Trust property which comprises a historic homestead built in the 1870s and extensively renovated in 1938, beautiful gardens and parkland, a nature reserve that is one of the leading centres for the re-establishment of the endangered eastern barred bandicoot as well as being the National Trust's only operating farm.

In my experience most farmers are very reasonable and will not object if you walk onto a property a short distance from a boundary fence, leave gates as you find them, are considerate of livestock, and do not go near sheds or homesteads without asking permission.

Segment your absentees... these are the most mailed lists of any (try mailing non homestead properties that may be listed as owner occupied)- I have bought a few last year from this.

Some states allow those who have their principal residence in the state to file for a homestead exemption, while others only offer the property tax break to certain groups, such as those over the age of 65 or disabled military veterans.

Gonzalez and Redding said that homeowners should be aware of exemptions in their area that can lower property taxes, such as the homestead exemption.

In Florida, «homestead property» is residential real estate which is occupied by a person or family as their permanent residence.

As a general rule in Florida, a creditor of a homeowner can not partition or force the sale of property if the property has «homestead» protection (exceptions include mortgage holders, construction liens and liens for ad valorem real estate taxes).

All Texas homeowners who use their property as their principal residence can claim the Texas homestead exemption.