You cannot maintain a Homestead Deduction on a non-owner occupied property. If you no longer occupy a property that currently receives the Homestead Deduction benefit, you must complete and submit this Cancellation of Homestead Benefit form.
Under the following circumstances you should likely cancel your DC Homestead Deduction if you recently:
- moved out of the property and are now renting the property
- purchased another property in the District of Columbia and filed for a DC Homestead Deduction on the new property.
- declared another property you own (in DC or in another state) as your new principal residence
Don’t get caught up in the District of Columbia’s Homestead Deduction Audit Program or it could cost you dearly.
Related Articles
Federal Title Featured by Redfin
We’re excited to share that Federal Title & Escrow Company was recently featured in a Redfin article discussing one …
Fear Not! You Did NOT Just Sell Your House for $10!
Virginia deeds often say something like the following: “That for and in consideration of TEN DOLLARS ($10.00), cash in h…
NVAR Contract – What Day is It?!
Our attorney team recently received two great questions about the Northern Virginia Association of Realtors (NVAR) Contr…
Ready to Get Started?
Get a guaranteed quote from Federal Title — attorney-led, consumer driven since 1996.