arrowHome arrow About Title Insurance arrow FAQ arrow As a homeowner, do I get a tax break from property taxes? Monday, 05 January 2009  




 
 
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As a homeowner, do I get a tax break from property taxes? Print E-mail
You may apply for homestead exemptions on your principal residence. Homestead exemptions remove part of your home’s value from taxation, so they lower taxes. For example, you home is appraised at $50,000, and you qualify for a $15,000 exemption, you will pay taxes on the home as if it was worth on $35,000.
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