Owning a home comes with many responsibilities, but it also offers opportunities to save, especially when it comes to property taxes. If you own and occupy your property as your primary residence, you may qualify for a Homestead Exemption, which can lead to substantial property tax savings. Let’s dive into the details of what the homestead exemption is, how to qualify, and the steps to apply.

A Homestead Exemption is a tax relief measure that reduces the taxable value of a primary residence, thereby lowering property taxes. This exemption is available to homeowners who meet specific requirements and serves as a financial safeguard, especially valuable for those managing tight budgets.

Key Qualification Criteria:

• Ownership: You must own the property.
• Primary Residence: The home must be your principal place of residence.
• Legal Residency Date: The home must be your legal residence as of January 1st of the current tax year.

*Note that qualifications may vary by area. Please do your due diligence and contact your local office for more information.

If you purchased your home in 2023 and it serves as your primary residence, you could be eligible to apply for the 2024 tax year. Requirements and application deadlines can vary by location, so it’s important to check with your local tax assessor’s office. Applications must be submitted by April 1st to apply for the current tax year. Missing this deadline means you’ll need to wait until the following year to benefit.

How to Apply for a Homestead Exemption:

• Gather Required Documents- You’ll need a copy of your recorded deed and any additional documents required by your county’s tax office. Requirements may vary, so double-check with local officials.
• Check Application Deadlines- Applications must be submitted by April 1st of the year following your home purchase.
• Submit Your Application- Submit your application and all necessary documents to your local tax office. Once approved, you’ll receive confirmation of your exemption.

Important Details to Remember:

• Your homestead exemption automatically renews annually as long as you continue to occupy the home under the same ownership.
• You can only claim the exemption for one property at a time.
• Some counties in Georgia now provide recorded deeds electronically, meaning you may receive your deed via email instead of a physical copy.

Contact Your Local Tax Assessor:

For a comprehensive list of contact information for tax commissioners and assessors across Georgia’s Metro Atlanta area, consult the resources available through local tax offices. For accurate filing instructions, check with your county tax assessor’s office. If you're in a city like Milton, Roswell, or Alpharetta, you may also need to file locally. Below, we’ve provided contact details for most tax assessors.

The homestead exemption is a valuable resource for homeowners looking to save on property taxes. By understanding the eligibility requirements and filing process, you can take full advantage of this benefit. If you have questions or need further guidance, reach out to your local tax assessor’s office or consult a trusted real estate professional.

*This is a guide only. Please continue to reach out to your local office for more accurate information based on where you live.*