Reminder - Must File Your Homeowner's Exemption Today
February 15, 2008
California allows homeowners to file for a $7000 reduction in their property taxes if the property is their principal residence. Applications must be filed by 5:00 p.m. February 15 following a change of ownership. If you miss the filing time, 80% of the full exemption is available if filed between February 16 and December 10. This application need only be filed once, as long as the property owner continues to own and occupy the property as a principal residence.
The property must have been owned and occupied as the prinicpal place of residence as of 12:01 a.m. on January 1. Forms are available on line or at your county asssessor's office.
California allows homeowners to file for a $7000 reduction in their property taxes if the property is their principal residence. Applications must be filed by 5:00 p.m. February 15 following a change of ownership. If you miss the filing time, 80% of the full exemption is available if filed between February 16 and December 10. This application need only be filed once, as long as the property owner continues to own and occupy the property as a principal residence.
The property must have been owned and occupied as the prinicpal place of residence as of 12:01 a.m. on January 1. Forms are available on line or at your county asssessor's office.
posted by shirley harry at 8:49 AM
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