Filing for the Homestead Property Tax Exemption
generally means that you are claiming the property as your primary
residence, and therefore are subject to a reduction in your county/city
property taxes. The exemption must be filed the first year that you
own the house in order to be applied correctly. If you purchased your
home from someone who also lived in the property as their primary
residence, there is a very good probability that they already had
the Homestead Exemption applied to the property. Meaning, if you do
file, your taxes will likely stay the same; if you do NOT file, your
property taxes will likely go UP.
Please
follow the links below for Homestead Tax Exemption information for
the county that you live in. If your property is within the city limits
of a city, you will need to check with that entity for their filing
requirements.
