New Sandy Springs Homeowners – Don’t Forget to File Homestead Exemption

If you purchased a new home in Sandy Springs during 2010, then you’ll want to make sure you apply for the homestead exemption by April 1, 2011. Getting the homestead exemption reduces your property taxes significantly, exemptions up to $30,000, so this is definitely not something to overlook. The good news is that you only have to apply once because the exemption is automatically renewed each year as long as you continually occupy the home under the same ownership.

The basic homestead exemption for Fulton County and the City of Atlanta applies to city operating, city school operating, city parks, state QBE and county operating taxes in the amount of $30,000. However, in order to be eligible for this exemption, you must meet the following requirements: Read more

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Homestead Exemption Information

A homestead exemption is a reduction in homeowners’ property taxes.  To qualify, the homeowner must apply for this exemption on or before April 1st. Once granted, this exemption is automatically renewed each year as long as the home is continually occupied under the same ownership.  The home must be the legal residence for all purposes including the registration of vehicles and the filing of income tax.  A homestead exemption cannot be filed for rental property, vacant land or on more than one property.  In addition to basic homestead exemption, there are additional exemptions for residents age 62 and older and/or disabled veterans.  These exemptions must be applied for in person with Fulton County.  For additional information and requirements, please contact 404-612-6440.

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