Texas Property Tax Exemptions for Disable Vets

By
Real Estate Agent with Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com TREC #0492321
http://actvra.in/4CY

Texas state government is doing the right thing by offering a new tax exemption to a group that truly deserves our respect: disabled U.S. military veterans.Veterans who meet the highest threshold of qualifications will be exempt from paying any property taxes on their homesteads. To qualify for a full exemption, veterans must be classified by the U.S. Department of Veterans Affairs (VA) as being unemployable or having a 100 percent disability rating. Veterans must also have received 100 percent disability compensation from the VA. Veterans wishing to claim the exemption can begin the process by contacting their county appraisal districts.House Bill 3613 from the 81st Texas Legislature allows the complete property tax exemption, which is effective for 2009 and onward. The law, however, does not allow the surviving spouse of eligible veterans to receive the homestead exemption. Surviving spouses do remain eligible for the exemptions for people with disabilities and for people age 65 and older.Another exemption is also available for disabled veterans, including those classified by the VA as less than 100 percent disabled and those qualified for the full homestead property tax exemption. Beginning at a 10 percent VA disability rating, a veteran can get an exemption of $5,000 to $12,000 for any one property he or she owns. For veterans receiving the full homestead property tax exemption, the additional exemption could be applied to non-homestead property.If you or someone you know is a disabled veteran living in Texas, please learn all you can about this important property tax exemption. During these uncertain economic times, it has true potential to help those who have made tremendous sacrifices make ends meet.  Veterans wishing to apply for the homestead exemption should contact their county appraisal districts.   An application form for veterans and appraisal districts to use can be found on the Comptroller's Web site at http://www.window.state.tx.us/taxinfo/taxforms/vetexempt.pdf.To find information about disability ratings or employ-ability from the VA, call (800) 827-1000 or visit www.va.gov. Disabled veterans receiving a homestead exemption may need to contact their mortgage lenders to adjust their escrow payments.Veterans may also need to contact their mortgage lenders to adjust their escrow payments.

Call Me or Text Me Today at 210-789-4216

Follow Me on:  Facebook Business page            Twitter image         You Tube site         Linkedin image

Search for Homes image                                  Your Home's value image

 

 

Posted by

Your Military Relocation Specialist "Serving You For All Your Real Estate Needs"

 Call Jerry at 210-789-4216

 Search for Homes in the MLS

Find Your Homes Value

 

Jerry Newman, MA, REALTOR®, ABR®, GREEN, MRP, CMRS

US Army Retired   

Certified Military Residential Specialist

                               Military Relocation Professional

        

 

                

 

               

 

 

 

 

 

 Green Home Realty Logo

                email subscriptions

 

                                   If you enjoy reading my blog

                            Subscribe to my Blogs

                                   
 

 Join Active Rain Today! Get Your FREE Membership Account, Then start blogging like a Professional

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cat to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Location:
Texas
Groups:
ActiveRain MasterMinds
Active Rain Newbies
Keller Williams 'Rainers
Tags:
texas property tax exemptions

Comments 4 New Comment

Show All Comments
Rainmaker
674,666
Patrick White
Put our 28 years experience and technolgy to work
Home Driven Realty, Inc

Good Eevening Jerry

Thanks for the post and exemption information. Have a great day.

January 17, 2011 08:02 PM
Ambassador
1,437,926
Liz and Bill Spear
RE/MAX Elite Warren County OH (Cincinnati/Dayton)
RE/MAX Elite 513.265.3004 www.LizTour.com

Jerry, Glad to see Texas is taking care of the vets!  Considering the amount of intertwining of Texas and the military, it's good they recognize and appreciate those that have sacrificed for it's protection.

January 18, 2011 06:39 AM
Ambassador
736,180
Jerry Newman
Texas REALTOR, San Antonio Military Relocation
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com

Thanks Patrick, Bill and Liz. Yes, Texas does have some nice perks for us vets. When you become a senior at age 65, and you have any military disability, to qualify for even more exemptions.

January 18, 2011 09:43 PM
Ambassador
683,273
Charita Cadenhead
Serving Jefferson and Shelby Counties (Alabama)
Keller Williams Realty

Jerry that's enough to make you sing in the rain.  Great deal for vets.

January 22, 2011 06:43 AM
Show All Comments
Ambassador
736,180

Jerry Newman

Texas REALTOR, San Antonio Military Relocation
How May I Serve You Today?
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the car to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information