Posted by Linda Juenger on 6/10/13 6:20pm
Msg #472822

Curious. How many states/counties have the Homestead

exemption on their tax bills? In my county it is $6,000 for the owner-occupied home, which is $600 savings per year. Is this true all over the country?

Reply by Linda_H/FL on 6/10/13 6:51pm
Msg #472830

We have $50,000 Homestead Exemption in Florida

"Every person who owns and resides on real property in Florida on January 1 and makes the property his or her permanent residence is eligible to receive a homestead exemption up to $50,000. The first $25,000 applies to all property taxes, including school district taxes. The additional exemption up to $25,000, applies to the assessed value between $50,000 and $75,000 and only to non-school taxes. "

Reply by VT_Syrup on 6/10/13 6:57pm
Msg #472831

Vermont has an income-based cap on homestead property tax n/m

Reply by Lee/AR on 6/10/13 7:00pm
Msg #472832

AR has Homestead Exemp. & Tax Freeze for Srs & Disabled Vets

pay no real estate taxes at all. Besides, r. e. taxes are actually pretty inexpensive compared to other areas of which I'm aware.

Reply by Notarysigner on 6/10/13 9:08pm
Msg #472840

Cal has it, I think 7,000.00

Reply by parkerc/ME on 6/11/13 9:41am
Msg #472887

ME up to $10K n/m

Reply by BossLadyMD on 6/12/13 9:53am
Msg #473009

Maryland has the Homestead Credit n/m