If you own and live in a house in Fulton County, you may qualify for homestead exemption. A Homestead Exemption is a legal provision that helps reduce the amount of property taxes owed on owner-occupied homes.Georgia homestead exemption is a program that provides a property tax reduction for homeowners who live in their property as their primary residence. The following taxpayers were issued a sales tax permit under Tax Code Chapter 151, Subchapter F within the last week of when this report was updated. Thinking about buying a home in the Bluegrass State? Good news: property taxes in Kentucky are relatively low. This document is an application for homestead exemption and related tax exemptions in Florida.