There’s good news for home-owning disabled vets

The “Disabled Veteran” Value Exclusion provides a market value exclusion for property tax purposes for the homestead property of an honorably discharged veteran who has a service-connected disability rating of 70% or higher, as determined by the United States Department of Veterans Affairs.

There are some rules:

  • The property must be homestead.
  • The veteran must have been honorably discharged.
  • The veteran must be certified by the USVA as having a service-connected disability.
  • Qualifying veterans must have a 70% disability rating or higher.
  • The veteran must apply to the program.(Applications must be made by July 1 to qualify for the exclusion on the current year’s market value for taxes payable the next year

Learn more

Submitted by exclusive home buyer agent, Ron Jensrud

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