Credits & Exemptions

More Exemptions and Credits

Find a list of additional exemptions and credits on the State of Iowa’s website.

Homestead Credit

To qualify for the homestead credit, the property must be your primary residence that you live in six (6) months and one (1) day out of the year. You can only obtain the homestead credit on one property. We must receive the application by July 1st.

An exemption application may then be filed in the Assessor’s Office OR complete a homestead application and submit to our office by any of the options below:

• Mail or Walk In:
  215 East 5^th Street
  Storm Lake, IA 50588

• E-Mail: assessor@bvcountyiowa.com
• Fax: 712-749-2543

Military Exemption

Current or previous active military duty must bring an original or a certified copy of DD-214 discharge papers to be recorded at the Recorders Office. An exemption application may then be filed in the Assessor’s Office.

Business Property Tax Credit

Property owners may file for this credit if their property is commercial or industrial.  An exemption application may then be filed in the Assessor’s Office OR complete a BPTC and submit to our office by any of the options below:

• Mail or Walk In:
  215 East 5^th Street
  Storm Lake, IA 50588

• E-Mail: assessor@bvcountyiowa.com
• Fax: 712-749-2543