If you're a homeowner here in the Treasure Valley, you've probably noticed that your property taxes are on the rise. The fees are going up due to home values rising and assessed levies for new schools. One of the easiest ways to save money on your property taxes is to file a Homeowner's Exemption with the county assessor's office.
A Homeowner's Exemption reduces the property's taxable value 50% or up to $100,000, whichever is less. The exemption can only be applied to a single residence and up to one acre of land. Commercial property doesn’t qualify.
To get the exemption, you'll have to apply, and it will remain in effect for as long as you own the home and use it as your primary dwelling.
You do have to apply by April 14th; otherwise, it…