Since 2007, the Homestead Exemption has allowed all Ohio homeowners who are over age 65 or totally disabled to exempt $25,000 of their appraised home value from taxes, if they live in that home. An official said the state’s bill for the homestead exemption went from $70 million in 2006 (when there was an income limit) to $410 million in 2012, and that figure was projected to keep increasing. What do you think about the change in the Homestead Exemption?
Posted on: Thu, 23 Jan 2014 14:03:57 +0000