There are no income and homestead value limits for categories 4V, 4S, 5, and 7. The. How to Apply for Homestead Exemptions Homestead applications must be filed with the county assessor after February 1, and on or before June 30 of each year.To qualify, you must own and reside in your home on January 1 of the year application is made and cannot claim a homestead exemption on any other property. The Nebraska homestead exemption program is a property tax relief program for three categories of homeowners: A. Persons over age 65;. B. Google homestead tax exemption form. You send it in, it gets approved. Loan Assistance Tool. The most common is the homestead exemption, which is available to homeowners in their primary residence. One place to search and find your next commercial real estate rental.