You must file an application to receive the homestead deductions. By accepting this certificate you are authorized to sell tangible personal property (but not cigarettes), motor fuel, diesel motor.How much does land for sale in New York cost? The sale is subject to court discretion. Owner-occupied homes, as well as up to one (1) acre of land immediately surrounding the residential improvement, are eligible for the homestead deduction. Award Application and Sign Replacement Form. Hoosier Homestead Award Application fillable online PDF; Hoosier Homestead Award Application to print and fill out. You will need land to grow your business. You may choose to lease, rent, or purchase land. You can go to the county accessor office to file it.