North Carolina Property Tax Relief: Who Qualifies?

2018-03-03T15:00:48-05:00March 3rd, 2018|Categories: Hard Money, Tax Foreclosures, Taxes|Tags: , |

Do you have a loved one in North Carolina struggling with property taxes? Well, some North Carolina homeowners qualify for one of three programs offering property tax relief. You might want to look into this for them. Low-Income Homestead Exclusion Qualified low-income homeowners can apply for property tax relief through the State of North Carolina at their Assessor's Office between January 1 and June 1 each year. Qualifying homeowners receive an exclusion of the taxable value of their residences of either $29,500, or 50 percent (whichever is greater). Disabled Veterans Homestead Exclusion Honorably discharged veteran homeowners, certified by the U.S Department of Veterans