Did you buy a home in 2020? In this video, I discuss the Georgia Homestead Exemption Tax Break, how to file your 2021 property taxes and how much you can save by doing so.
This is stupid why you can't make more than 10k democrats love punishing people that try to make money guess you got to pretend to be poor to get all that government assistance and have 10 kids
For a standard homestead exemption in Georgia, do you get a $2000.00 exemption for only one year or is it valid from year to year? I have owned my primary house since 2012, I filed my homestead exemption in 2020...(first time home buyer and was unaware of this exemption). Of course I live in Fulton County (One of the most expensive🥴). Please advise....greatly appreciated.
@@LivinginAtlanta Thanks Anthony, can you confirm though if I'm interpreting the formula correctly? "Qualifying homeowners can get $2,000 deducted from 40% of the assessed value of their primary residence." -- does that mean you get to deduct a maximum of $2,000 IF 40% of the assessed value is still >$2k in property tax burden?
Did you buy a home in 2020? In this video, I discuss the Georgia Homestead Exemption Tax Break, how to file your 2021 property taxes and how much you can save by doing so.
Need to speak with you. Help.
@@tpowell8442 do you have some time to talk later this morning? Text me your number and I'll call you after 10am est
@@tpowell8442 Call or text me anytime at 678-918-1340
My friend lives there n Dupo Illinois Clark county and is disabled and 66 yrs old
Do they live near power lines?
This is stupid why you can't make more than 10k democrats love punishing people that try to make money guess you got to pretend to be poor to get all that government assistance and have 10 kids
It is what it is
I live in Cobb. I have lived in my home for 3 years. I just applied for homstead exemption this year. Will it still benefit me?
Interested in this as well as nowhere on Cobb County’s website mentions this. Thanks in advance!
Bought home in Jan .......cant do that！
You have to be living in the house on Jan 1, but you're eligible for next year's exemption
@@LivinginAtlanta bought in Jan but moved in in Feb......Im crying！
@@hal8238 Ugh, so close!
@@hal8238 Be thankful that you bought it cheap!
If someone buys a house for $600000 that the original owner paid $300000, the buyer is now on the hook for double the taxes??!!##
What if the house did not exist until after January 1st??
For a standard homestead exemption in Georgia, do you get a $2000.00 exemption for only one year or is it valid from year to year?
I have owned my primary house since 2012, I filed my homestead exemption in 2020...(first time home buyer and was unaware of this exemption).
Of course I live in Fulton County (One of the most expensive🥴).
Please advise....greatly appreciated.
Thanks for the video -- so how do I calculate the actual savings to determine if it's worth the time to file?
I'd recommend talking to your Accountant about it. Theyll have the most accurate info and directions
@@LivinginAtlanta Thanks Anthony, can you confirm though if I'm interpreting the formula correctly? "Qualifying homeowners can get $2,000 deducted from 40% of the assessed value of their primary residence." -- does that mean you get to deduct a maximum of $2,000 IF 40% of the assessed value is still >$2k in property tax burden?