Property Ownership
Florida's homestead exemption reduces the assessed value of a primary residence by up to:
A$10,000
B$25,000 (plus an additional $25,000 for non-school taxes)✓ Correct
C$50,000 flat
D$75,000
Explanation
Florida's homestead exemption provides up to $25,000 off assessed value for all tax purposes, plus an additional $25,000 exemption (totaling $50,000) for non-school taxes on assessed values between $50,000 and $75,000.
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