There are no income limitations for this exemption. Senior Exemption for persons 65 and older (Based on a limited income).To apply for an exemption, fill out the 2024 Loudoun County Tax Relief Application (PDF) and submit the supporting documents. The General Homestead Exemption Application Form helps eligible homeowners reduce their property tax. Permanent Florida residency required on January 1. To qualify for a Homestead Exemption, you must own the property and it must be your permanent residence to the exclusion of all others as of January 1st. Florida Homestead Exemption This is the most common exemption.