Homeowner Property Tax Exemption
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.