If you don't know or understand the senior property tax homestead exemption, here are a few details that might save you some money. If you are 65 as of Jan 1 of the qualifying year, and this property has been your primary residence of record for the past 10 years, you may qualify for this exemption.
Here is a link to the short form to apply for the exemption: https://drive.google.com/file/d/10QtsxzyXhScbfztYKR0lzKVOPv5JWcLS/view
If you have more questions on how this may apply to you, you may want to talk to your CPA.
For more personalized guidance and assistance with real estate matters, don't hesitate to reach out. I'm here to help you navigate the complexities of homeownership and make informed decisions.
This is Debi Haning, your real estate advisor with Coldwell Banker, providing you with valuable insights on the senior property tax homestead exemption.
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