How to Reduce Your Property Taxes in Nevada

Property taxes in Nevada are lower than in many states, but smart homeowners still look for ways to save. Whether you live in Las Vegas, Reno, or a rural county, there are several strategies to reduce your annual tax bill.

1. Apply for Property Tax Exemptions

Nevada law allows exemptions that directly reduce your property’s assessed value (the basis for taxes). Options include the homestead exemption, veterans’ and surviving spouses’ exemptions, and benefits for seniors, blind, or disabled residents. Each exemption lowers taxable value, which means lower taxes. You can learn more and apply through your county assessor’s office, such as Clark County’s Assessor site or Washoe County’s guide to exemptions.

2. Take Advantage of the Tax Cap

Nevada’s property tax cap law, established in 2005, limits annual increases on owner-occupied homes (and some rentals) to 3% per year. This protects homeowners from sudden spikes in their bills. Details are available on the Washoe County Tax Cap page.

3. Appeal Your Property Assessment

If your home’s taxable value is set too high, you have the right to appeal. Many owners successfully lower taxes by pointing out errors (like overstated square footage) or presenting comparable sales. Start by reviewing your annual assessment notice, then check Nevada’s property tax FAQ for the appeal process.

4. Understand Special Programs

Some longtime Nevada property owners may still hold allodial title (a pre-2005 program granting full property tax exemption). While no new applications are accepted, those already in the program retain lifetime benefits. More background is available on Allodial Title (Wikipedia).

Seniors and low-income residents should also ask their assessor about deferral programs, which can postpone tax payments in certain cases. For example, see Storey County’s property tax exemption info.

Final Thoughts

Reducing property taxes in Nevada starts with knowing your options. Apply for exemptions, check that your home qualifies for the 3% cap, and appeal if your property is overvalued. These steps can translate into hundreds or even thousands in annual savings.

For a full list of programs and eligibility requirements, visit your local county assessor or the Nevada Department of Taxation.