Homestead exemption for real property tax purposes.
They can also give you a copy of the Florida Department of Revenue's summary on this subject. Only one property can be declared homestead property and it is a criminal offense to file more than one application. There are 2 types of homestead exemptions available to property owners in Florida.
To apply for homestead exemptions the owner of the property must appear personally at the County Property Appraisers office and complete a Form DR-501 application for a tax exemption. The fact that you have one type of exemption does not necessarily mean that you have the other type of exemption as each exemption has distinct requirements. No matter how smart your personal accountant is, he probably has little experience in the caveats of tax laws in regard to yachts.