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Topic: homestead property tax relief (Read 1082 times)

pianistimo

PS Silver Member
Sr. Member
Posts: 12142

homestead property tax relief

on: July 26, 2007, 01:41:05 PM

when we bought our home in pa - we decided to do that thing called 'homestead declaration.' i forgot about it for a few years - being busy with other things.

does anyone actually know what declaring this on your home does for you? i heard that property tax relief used to be gained from that. but, i haven't seen any confirmation of this on our taxes.

is anyone a property tax consultant here? what does declaring this 'homestead act' do for you? is it a worthless piece of paper? one you pay a few bucks for to get a xerox paper sent back with the words 'homestead' on it.

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bench warmer

PS Silver Member
Sr. Member
Posts: 294

Re: homestead property tax relief

Reply #1 on: July 26, 2007, 05:28:26 PM

My cousin lives in Florida. He gets a break on his property taxes thru the Homestead Act because he lives there more than half the year, which is the requirement.
I have a condo in Florida but do not live there more than half the year so in essence I'm helping my cousin pay his property taxes 'cause I do not get a tax break.

You could probably do a Google search with the relevant terms & Pennsylvania and get the specifics for your situation.