A user account on the Portal will allow organizations to review and manage tax exemption applications from year to year in a single, centralized environment. An individual is entitled to a homestead exemption consisting of property in this state in an amount not exceeding:Homestead application papers are good sources of genealogical and family history information. Application papers often mention family members or neighbors. When you are ready to begin, click the "New Application" button. You will then see a pop-up asking you to choose which Schedule Type to begin with. AV-10 Application is for property classified and excluded from the tax base under North Carolina General Statute. Contact your county recorder for information on how to file a homestead declaration.