If you purchased a new home in 2022, it’s time to file your homestead exemption! What is a homestead exemption? For those that don’t know or understand, the homestead exemption is a benefit to homeowners allowing for the removal of a portion of the home’s value from taxation, which in turn lowers the property taxes you pay each year. Sounds great, right? As it turns out, there are some requirements to qualify for the tax break. What are the qualifications? From qualification requirements to how it works, here’s everything you need to know about filing your homestead exemption in Texas: How do I know if I qualify? Qualifying for the homestead…