THE GEORGIA HOMESTEAD EXEMPTION
Are you a homeowner in Georgia? If so, the Homestead Exemption could potentially save you a significant amount on your property taxes. In this blog post, we’ll walk you through everything you need to know about registering for the Homestead Exemption in Georgia.
Deadlines to Apply for Homestead Exemption in Georgia:
The deadline to apply for the Homestead Exemption in Georgia is generally April 1st, but it's always a good idea to check with your local county tax commissioner's office to be sure it is not different than the standard April 1st deadline.
Who Can Apply for Homestead Exemption in Georgia:
Homeowners who use their Georgia residence as their primary domicile as of January 1st of the tax year are eligible to apply for a homestead exemption. For example, if you purchased a property in 2023 and were utilizing the property as your primary residence on January 1, 2024, you can claim the homestead exemption for 2024, but not for 2023, as long as you meet the aforementioned deadline(s). There are also additional exemptions available for senior citizens, disabled veterans, and others, so be sure to ask your local tax commissioner’s office about those as well.
Where Do I Apply for the Homestead Exemption in Georgia:
You’ll want to contact the tax commissioner’s office for the county in which your property is located. The application process is done through your county tax commissioner's office. You can apply in person, by mail, or sometimes online, but be sure to check the specific procedures for your county.
Benefits of Using the Homestead Exemption in Georgia:
The Homestead Exemption can provide significant property tax savings. It does this by reducing the assessed value of your home for tax purposes. So, if you haven’t registered for the Homestead Exemption yet, now is the time to look into it!
Remember, as Your Hometown Attorney, we're here to help guide you through the ins and outs of homeownership, including getting you in contact with the right people for your needs, including obtaining the Homestead Exemption in Georgia. Don’t hesitate to call or e-mail Your Hometown Attorney if you have any questions about the Homestead Exemption or any other home-related legal matters. We’re here to help and guide you in building and preserving your Legacy, including your real estate!