Homestead Exemption: A Must-Do for Georgia Homeowners!

Homestead Exemption: A Must-Do for Georgia Homeowners!

If you purchased a home in Georgia in 2024 or officially made your property your primary residence by December 31st, filing for the Homestead Exemption should be at the top of your to-do list! Even though HB 581 will take effect, it is still a good idea to get this done.

This one-time filing can significantly reduce your taxable home value, saving you money on property taxes. However, there are important rules and deadlines you need to follow.

In Chatham County – The Stephens-Day Exemption freezes the taxable value at the price you paid for your home, ensuring long-term tax savings.

In Bryan, Bulloch, Effingham, Glynn, Liberty, Long, McIntosh, and Tattnall Counties – Filing lowers your taxable value, reducing your property taxes, but does not freeze it like in Chatham County.

Filing Deadline: April 1, 2025
Counties Covered: Bryan, Bulloch, Chatham, Effingham, Glynn, Liberty, Long, McIntosh, Tattnall.

Our friend and great attorney, Joel Gerber, has put together a detailed guide explaining everything you need to know about the Homestead Exemption, including step-by-step instructions for filing in each county. At this time, I am not sure how HB 581 will affect your property taxes in each county.

Read the full article here: Full Article Click Here. Don't leave money on the table—file your Homestead Exemption today!

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