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Monroe County Homestead Exemption Form

Monroe County Homestead Exemption Form

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Instructions and help about Monroe County Homestead Exemption

who is eligible for homestead exemption well for our purposes today we're gonna focus on texas because that's where i live and that's where i have a good amount of my clients and to take it one step further let's focus on the resident's homestead exemption which is the exemption that most homeowners are going to qualify for and you're eligible for this exemption if you're not a corporation in other words you as an individual have to own the property also you have to be using the home as your primary residence on january 1st of the tax year and a residence itself can take many shapes and sizes it can include just about any separate structure it can include a condominium it can include a manufactured home and it can go up to 20 acres now one limitation is that if you own multiple properties then you can apply a homestead exemption to only one of those properties and in theory it should be the one that you're living in

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