Real property or personal property exemptions/exclusions come in many forms, but one thing they all have in common is they either reduce or entirely eliminate your obligation to pay real and/or personal property taxes.
Homeowners’ ExemptionIf you own a home and occupy it as your principal place of residence on January 1, you may apply for an exemption of $7,000 from the home’s assessed value, which reduces your property tax bill.
Disabled Veterans’ Property Tax ExemptionAny property that is owned by and is the principal place of residence of a veteran is eligible for exemption from part or full value of the property.
Church ExemptionChurches exclusively conducting religious worship are eligible for an exemption on buildings, land on which the church is situated including parking lots and equipment, whether owned or leased, as of lien date (January 1st).
Non-Profit ExemptionThe welfare exemption is only available for real and personal property owned and used exclusively by non-profit organizations formed for religious, scientific, hospital or charitable purposes.
Fishing ExemptionIf you own a Commercial Fishing Boat, you may be eligible for a reduced assessment.