The property tax exemptions listed below provide eligible taxpayers with a variety of property tax savings. If you have any questions on filing for property tax exemptions, please contact our office at 813-272-6100.You may file a claim for your new home before. Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability. Homeowners have the option of claiming a personal residence exemption which limits the amount of taxes they will see on their monthly bill. You must file the Transfer of Homestead Assessment Difference Form DR-501T with the homestead application Form DR-501 for your new home. Homestead exemption unless and until he presents competent evidence that he only claims homestead exemption from taxation in the county of the application. The Hillsborough County Property Appraiser is an elected official charged with the duty and responsibility to appraise all of the property in the County. Hillsborough County Property Appraiser's website. Use classification system.