Homestead Exemption is one way to reduce the amount of property tax you pay on your residential property. A homestead exemption can give you tax breaks on what you pay in property taxes.In Georgia, homeowners are able to receive a significant discount on property taxes if the home is their primary residence. Complete the application and mail no later than June 1. Forsyth. County. Mailing Address: Forsyth County Tax Assessor. Homestead exemptions have been enacted to reduce the burden of ad valorem taxation for Georgia homeowners. Calculate how much you'll pay in property taxes on your home, given your location and assessed home value. Property tax information for Forsyth County, Georgia, including average Forsyth County property tax rates and a property tax calculator. See Agricultural Stabilization and. Conservation Service; Consumer and Marketing Service.