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2009 Beaufort County Tax Bills

2009 Beaufort County Tax Bills

One would think something as important as the County Tax bill, which only comes out once a year, would be printed correctly. Well, that is not the case for some of the 2009 Beaufort County tax bills. Due to a printing error, the Homestead Exemption is not shown in the section of the notice “Homestead [...]

Trying to Right a Wrong – 2009 Beaufort County Tax Reasessment

There is something wrong when property taxes of equally assessed properties require one owner to pay approximately 300% more than the other. I am referring to the taxes paid by a primary owner versus a second home owner. What seems even more unjust is the fact that the second home owner, as a rule, does [...]

2009 Beaufort County Real Estate Tax Reassessment – Q & A: Part 7

Since the mailing of reassessment notices, we received many questions as to why we have market value when the limited (capped) value is used to calculate property taxes. Well for one, it’s a requirement of law and serves the following purposes:
1. Market value as established by periodic reassessment sets the threshold on political subdivisions and [...]

2009 Beaufort County Real Estate Tax Reassessment – Q & A: Part 5

After 1/1/08, are ALL home assessments based on Point of Sale (Sale Price). If so,why would the assessor’s office tell the public to send comps from the 2007 year to support their appeal?
Sales that occur in 2008 are valued as of 12/31/2008. 2008 sales should be used as (comps) compaable transactions.
If the home is existing as [...]

2009 Beaufort County Real Estate Tax Reassessment – Q & A: Part 4

Why do you even show market value? Are you not just stirring up extra work for the Beaufort County Tax Assessor’s office?
This is a requirement under current statute and yes it is causing consternation among some taxpayers even though it has no impact on the taxable capped value.
If I bought in 2008 or 2009, am [...]

2009 Beaufort County Real Estate Tax Reassessment – Q & A: Part 3

When reviewing the market value for 2007, can you use anytime that year or can you only use December 31, 2007?
We will review any available sales in 2007, preferably those within 6 months of 12/31/2007 if available.
What is the criteria for establishing permanent residence and getting the 4% treatment? I.e. driver’s license, car registration, South [...]

2009 Beaufort County Real Estate Tax Reassessment – Q & A

When the Market value is higher than the cap value, will the value of the next valuation be able to be higher because  the 15 percent max will be based on the market value and not the cap value?
As long as there are no improvements made to the property or sale before the scheduled 2013 reassessment the [...]

2009 Beaufort County Real Estate Tax Reassessment – Q & A

2009 Beaufort County Real Estate Tax Reassessment - Q & A

If a buyer purchased property in 2008 or 2009, their Tax Assessment notice does not reflect the sales price, but shows an increase in both the market value and taxable value. Should the notice not be at the point of sale? If the property was purchased in 2007-2009 for less then the last sale, the homeowner should be paying taxes based on point of sale correct?