The Disabled Veterans' Exemption reduces the property tax liability on the principal place of residence of qualified veterans. Permanent Florida residency required on January 1.VA helps Veterans, Servicemembers, and eligible surviving spouses become homeowners. What States Have Property Tax Exemptions for Disabled Veterans? Exemption: Disabled veterans can receive an annual reduction in the equalized assessed value (EAV) of their primary residence. In addition, the Assessor sends an application to every new homeowner pre-filled with information that identifies the property and the sales transaction.