There are no income and homestead value limits for categories 4V, 4S, 5, and 7. The. How to Apply for Homestead Exemptions Homestead applications must be filed with the county assessor after February 1, and on or before June 30 of each year.The Nebraska homestead exemption program is a property tax relief program for three categories of homeowners: A. Persons over age 65;. B. If you have not yet filed your 2024 Nebraska Homestead Exemption Application, you may still be eligible to apply for a property tax exemption. Over 800 Homestead Exemption applications and 150 permissive exemption applications are collected and processed. Persons with disabilities: Qualifying disabled homeowners can reduce property taxes on a legal residence. One place to search and find your next commercial real estate rental.