You can Homestead only one property and it has to be your primary residence, you have to live there
for more than 6 months. You will loose the Homestead on the Rental, the portability works only if the home
you moved from has been Sold not Rented, you are still the Owner. Also check out the website
It has great insight.
All the best,
In Florida you may only claim Homestead Exemption on your primary residence. You must reside in your new home as of January 1st to be able to use the exemption for the current year. Otherwise you must wait unti the following year to apply. Once you are homesteaded, you do not need to reapply each year. Please email me at email@example.com and I will be happy to assist you with any other questions.
Donna McGarey, Realtor
Charles Rutenberg Realty
Let me know if my team could be of assistance.
Joan Lorberbaum Moore