Homestead Exemption is one way to reduce the amount of property tax you pay on your residential property. A homestead exemption can give you tax breaks on what you pay in property taxes.The homestead application is normally filed at the same time the initial tax return for the homestead property is filed. This exemption is available to honorably discharged Georgia veterans who are considered disabled according to any of several criteria. Do not file any exemption applications with the NYS Department of Taxation and Finance or with the Office of Real Property Tax Services. Property Tax Relief and Floating Homestead Exemptions: What is a floating homestead exemption and how can it help Forsyth County homeowners? Calculate how much you'll pay in property taxes on your home, given your location and assessed home value. Find out more. Close. Are you in the market for a used vehicle and looking for a great deal? Look no further than the Clark County Auto Auction.