09/23/2026
Great information from PCPA! Also don’t DIY that deed back, ensure you look at all options before committing to a fix.
Thinking of transferring your homesteaded property into a LLC? While a LLC may provide some liability protection it won’t protect your property’s assessment cap from resetting to Just/Market Value. Transferring your property to or from an LLC is considered a change of ownership for property tax purposes under state law, causing a removal of any existing assessment cap on the property and a higher property tax bill the following tax year.
If you’ve already done so this year, you can quitclaim the property back before year end to prevent this from happening in the new year. As always, contact our office at (727) 464-3207 with any questions.