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  • 26-05-2022
  • Business
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How much of a property exemption is a totally disabled war veteran, making over $40,000 annually and living in California, entitled to

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Tundexi
Tundexi Tundexi
  • 06-06-2022

An amount of $196,262 will be received by the qualified disabled veterans as a property tax exemption on their first their primary residence if their total household income does not exceed $40,000.

What is a property exemption?

These means the property that creditors cannot seize and sell in order to satisfy debt.

The disabled veterans whose total household income does not exceed $40,000 are entitled to the amount of $196,262.

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