Tax Exemptions to Save Money
Cherokee and Cobb Counties as well as other counties in Georgia offer several tax breaks for homeowners who reside in their home as a primary residence.
Many Georgia counties give owners who are 62 years of age or older a significant break from the school portion of property taxes. Owners with certain disabilities may also be eligible for tax breaks.
To review these tax savings in Cherokee, visit the Cherokee Tax Assessor’s website.
https://www.cherokeega.com/Tax-Assessors-Office/homestead-exemptions/
To review these tax savings in Cobb, visit the Cobb Tax Assessor’s website.
https://www.cobbtax.org/property/exemptions
Other metro area county tax breaks can be reviewed at the State of Georgia Department of Revenue’s site:
https://dor.georgia.gov/property-tax-homestead-exemptions#exemption
Agricultural Conservation Use Tax Breaks
Some additional tax benefits are available in some Georgia counties based on an agricultural conservation use. The Conservation Use Program, also known as the Current Use Valuation Assessment or “CUVA”, is a state legislated, county administered program. The conservation use program can provide some relief from property tax burdens to certain qualified, active agricultural properties.
TIP: Be sure to understand any applicable tax penalties for prematurely cancelling a conservation use, which can inadvertently happen when selling a property.
For more information visit your local county tax office. State guidelines for this program are provided online:
https://dor.georgia.gov/conservation-use-assessment-information
