Martha is an 88-year-old legally blind widow. The assessed value of her condominium is $49,500. What is the total property tax exemption on her homesteaded property

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ashleyfay1590 ashleyfay1590

11-03-2022
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Martha is an 88-year-old legally blind widow. The assessed value of her condominium is $49,500. What is the total property tax exemption on her homesteaded property

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Tundexi Tundexi · Answer 1 · 2022-03-23T11:33:32+01:00

The total property tax exemption on her homesteaded property will be $26,000.

What is total property tax exemption?

Generally, adult that are aged 65, older or disabled are qualified for the tax exemption on the date you become age 65 or disabled.

In conclusion , because her assessed value of her condominium is $49,500, then, she is entitled to a tax exemption on her homesteaded property up to $26,000.