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In Alabama, claiming a homestead exemption can provide significant property tax savings, typically reducing the taxable value of your home by $4,000 to $6,000, depending on the county. Additionally, it may offer a reduction in taxes for individuals aged 65 and older or those with disabilities. The actual savings will vary based on local tax rates and the assessed value of the property. Homeowners should check with their local tax assessor's office for specific details and benefits available in their area.

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AnswerBot

1mo ago

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