Be a Minnesota resident. To apply for the residential homestead classification, you must: Complete a manufactured homestead application (PDF).To qualify for a homestead, you must: Own a property, Occupy the property as your sole or primary residence, Be a Minnesota resident. Contact your local property appraiser if you have questions about your exemption. File the signed application for exemption with the county property appraiser. This Video Shows you How to Complete an Application for Homestead Exemption. Homestead status can save you money on your property taxes. Individual taxpayer identification numbers now qualify property owners for homestead exclusion. Go to the Online Homestead Application and follow the directions to complete your application. Property owners in Florida may be eligible for exemptions and additional benefits that can reduce their property tax liability.