You may apply in the year you turn 65. The homestead exemp- tion provides a reduction in property taxes to qualified senior or disabled citizens, or a surviving spouse, on the dwelling that is that.To qualify for a homestead, you must: Own a property, Occupy the property as your sole or primary residence, Be a Minnesota resident. The homestead exemption allows lowincome senior citizens and permanently and totally disabled Ohioans, to reduce their property tax bills. Complete and submit an application with a copy of your deed (including the legal description). Depending on your disability rating, income and the state you live in, you may be able to receive a partial or full property tax exemption. But financially supporting the local area, like schools and infrastructure, comes with property taxes. You may not need to renew it every year, but generally, the first year you would have to apply for a property tax exemption. Recent years have seen a wave of significant tax r, and the changes scheduled for 2025 show that these efforts have not let up. How your property taxes compare.
