To qualify for a homestead, you must: Own a property, Occupy the property as your sole or primary residence, Be a Minnesota resident. Homestead status can save you money on your property taxes.Individual taxpayer identification numbers now qualify property owners for homestead exclusion. You must be a Minnesota resident. If the occupant is a relative of the owner, the owner does not have to be a Minnesota resident. The Market Value Exclusion reduces the taxable market value for property classified as homestead. Apply for homestead as soon as possible. Download and print the Owner-Occupied and Relative Homestead Application form. If you do NOT have access to a printer or scanner, please contact our office. Your name, address, and Social Security Number or Individual Taxpayer Identification Number are required.
