As homestead property in Idaho

Homestead automatically all owners get exceptions of Idaho. Homestead exemption protects state up to $100,000 shares, by the owners of residence in the case of a settlement of the Court of Justice for the recovery of debts. Protected residence should be the principal residence of the owner, this property even if the owner has more than one property of Idaho. No paperwork or registration is required, unless the owner has two properties and want to protect the uninhabited property. However, protect an uninhabited property owner derogation is possible only if the property under construction and is the principal residence of the owner in the future.Difficulty: moderately EasyInstructions1File Declaration of Homestead only, if you want more than one property in Idaho and gradually life in protected homestead exemption. Given that the property in which you live is Automattically homestead exemption in Idaho, you must file a return if you have a second home, during the period where the residence are your principal residence in the year in construction, as a restore model. 2Compose a letter completely describe the property you want to homestead. Say that home is a fully intend full time in the near future on occupant and give you the value of the residence. 3Compose full cash a second letter indicating that the residence where you currently reside as your primary residence, under construction is not one is protected by the homestead exemption. This means a surrender of the Homestead Declaration. 4Describe property and note the date on which the task of pre effect. 5Mail should maintenance for or deliver your letters statement with the county recorder in the county where your property.