Homeowner Property Tax Exemption

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In the state of California Homeowners can get a $7,000 reduction in the taxable value for a qualifying owner-occupied home.  This results in an annual savings of about $70 a year every year, as long as you live in the home.  The requirements are that you own the home, and you live there.  Then you just have either fill out a form or contact your county  Assessor.  Some counties have the form on their website, and others want you to call, email, or go into their office. Here is a list of all the county assessors websites in California.

The form only takes a few minutes to fill out, and you save $70 a year.  That adds up over a long period of time.  $70 is $70, why wouldn’t you want to save money when its this easy?  If you you have any questions feel free to contact us.

http://www.boe.ca.gov/proptaxes/exempt.htm#8

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