For example, if your home is valued at $200,000 and the exemption is $40,000, then you would pay taxes on $160,000 of its value. By the way, the value of your home for taxing purposes is the value of ...

High prices, limited inventory, and a variety of other serious barriers make homeownership a precious gift for people who can afford to purchase instead of rent. But does anyone really own their home?

The number of Ohio households claiming the "homestead exemption" — a special tax break for low-income seniors age 65 and up and permanently and totally disabled people that exempts the first $25,000 ...