Reporting removal of homestead tax exemption?

Reporting removal of homestead tax exemption?

Member since 2019 · 13 posts · 0 votes

My wife and I are moving from Alabama to Tennessee for a Job I took. We have leased out our home here in Alabama starting in April 2019. 

Am I required to report to the tax collector that I am renting the home and will not have the homestead tax exemption? Will this happen automatically? 

I do not want to pay any penalty obviously, but is "ignorance bliss" in this situation or is it ok to keep since it is my primary residence in Alabama technically. 

Any advice is great! Thanks!

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  • Accountant · Atlanta, GA · Member since 2015 · 1k+ posts · 1k+ votes
    7y

    @Ben Steever

    Generally you have to inform them as the government doesn't check that people are living where they say they are.

    It's an ethical question, if you're not using the property as a your primary residence, you shouldn't be claiming the homestead exemption on it.

  • Member since 2019 · 13 posts · 0 votes
    7y

    @Eamonn McElroy Thanks! 

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