| Any property owner who is a resident of
the State of Iowa may receive a Homestead Tax Credit. To be
eligible, the property owner must occupy the property for at least 6
months of each year, including July 1st each year. The Homestead Tax Credit
is applied for only once and continues until the property is sold or the
owner no longer qualifies.
Homestead Tax Credit reduces the taxable value of the
property by a maximum of $4,850 or by the amount which does not allow
the taxable value to be less than zero. |
