Did you move in 2015? Don't forget to file homested exemptions

If you moved to Putnam County in 2015 and it's now your primary residence and you are not claiming homested exemptions anywhere else then you need to get on down to the Tax Commissioners office at the court house and file. You have to have moved in the home prior to January 1, 2016 to be eligible for the exemption in 2016. You can file anytime between now and the end of March.  But you do not have to wait until next year. You can go ahead a file now although your exemption will not start until next year.

This exemption does not apply if it's a second/vacation home. But if you purchased a vacation home that is a future retirement home then remember to file when you decide to make the move.

 

706-485-9668  us on facebook

Tammy@Lake-Sinclair.com

Follow me on Google Plus for more information about Lake Sinclair and surrounding area news and events

(Click on Lane Realty Logo for web site)

Tammy Lankford, Broker/Owner

 

Broker License # 169695  Lane Realty License # H-11420

Call me today for all your Lake Sinclair real estate needs.

Subscribe to my Blog here!

 

We always have water at lake sinclair Lake Sinclair stays full even during droughts.  Click to read why and how.

 Search for homes on Lake Sinclair now

For readers who are not members of ActiveRain feel free to also add your comments or you can click on the EMAIL me link to the right of this blog and email me.  Thanks for reading.

All content belongs to me unless otherwise stated.  Do not use without permission.  Logos and photographs may also be copyright registered. Please do not use without my express written permission.

                                                                                                                  

          

Comment balloon 13 commentsTammy Lankford, • December 08 2015 06:58PM

Comments

Good reminder. Our title reps do it as a matter of course here. 

Posted by Karen Fiddler, Broker/Owner, Orange County & Lake Arrowhead, CA (949)510-2395 (Karen Parsons-Fiddler, Broker 949-510-2395) over 1 year ago

Tammy Lankford  This is a great reminder for everyone , Good stuff

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-953-8818 (Re/Max Eastern inc.) over 1 year ago

Good point.  I need to call some buyers to make sure they did this

Posted by William Feela, Realtor, Whispering Pines Realty 651-674-5999 No. (WHISPERING PINES REALTY) over 1 year ago

I already filed too. 

It is very important to do it on time. 

Posted by Inna Ivchenko, Realtor® • Green • GRI • HAFA • PSC Los Angeles CA (Barcode Properties) over 1 year ago

Such good advice, I must check if Diane did it or not?:)Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) over 1 year ago

Good morning Tammy. It is the time of year to remind all of your eligible buyers to file for the exemption.Enjoy your day!

Posted by Wayne Martin, Real Estate Broker (Wayne M Martin) over 1 year ago

That's a very helpful tip for people in Putnam County, GA. There's a Putnam County NY also but the rules are different.

Posted by Kat Palmiotti, The House Kat (Grand Lux Realty, 914-419-0270, kat@thehousekat.com) over 1 year ago

This is good information for those who moved in 2015. Thank you for the reminder.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) over 1 year ago

Good morning Tammy. A good reminder for your community. Well done.

Posted by Sheila Anderson, The Real Estate Whisperer Who Listens 732-715-1133 (Referral Group Incorporated) over 1 year ago

In California, I think our break is about $7500 off the sales price on which our taxes are based, so it's not such a big deal. But in Minnesota, if you don't file an exemption, you can pay 2/3rds more in taxes, or at least that was the homestead law when I lived there (meaning they really discourage investments). How much do you save in Georgia?

Posted by Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents, Put 40 years of experience to work for you (Lyon Real Estate) over 1 year ago

This is such an important thing to remember to do or you might get a not so nice surprise when tax time comes along.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) over 1 year ago

Good reminder.

Posted by Linda Guess, Branson area real estate sales. (Keller Williams Tri-Lakes Branson, MO) over 1 year ago

Excellent reminder Tammy Lankford .   Those of us in the industry should drop a reminder to our clients from this past year so they get the maximum benefit.   Who knows, that call could result in a referral because you cared enough to stay in touch.

Posted by DEANNA EARLY - ( NMLS #268590 ), Virginia Mortgage Loan Originator (American National Bank and Trust) over 1 year ago

This blog does not allow anonymous comments