How to apply for the Homestead Exemption to reduce your Real Estate Tax bill if you own your home in Philadelphia. In the county you reside to apply for this program.See list included with this checklist. Exemption: Disabled veterans can receive an annual reduction in the equalized assessed value (EAV) of their primary residence. Additionally, every state but Delaware offers a version of property tax relief for veterans or disabled veterans. If you're a veteran applying for the exemption, you must fill out the Property Tax Exemption Application for Qualifying Disabled Veterans form.