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Updated over 4 years ago on .
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Indianapolis Veteran Tax Question
Sorry for the multitude of questions. Trying to understand Marion tax code as I just realized there MAY be a tax exemption available.
Does an investor who is a veteran at 80% disability get any property tax deduction and if so how much?
Does it require it to be a primary residence or can rental properties qualify?
Is there a limit on the number of properties?
If a property is placed into an LLC-S that is owned by the veteran does that still qualify for an exemption?
I doubt it, but could an exemption be applied retroactively? (One property was primary residence for a few years, so there's that too)
Thanks all
Most Popular Reply

@Brandon Koser Marion County has a tiered tax structure. It is 2% of assessed value for investment properties. They do have a homestead exemption but that is just for owner occupied.