The State of South Carolina taxes real estate, including the improvements thereon, based upon the fair market value of the property. Each county is responsible for determining the fair market... MORE
The primary types of reductions are: (1) reduced assessment rate for one primary residence; (2) reduction of assessed value for homestead exemption; and (3) reduced assessment rate for farmland and... MORE
Generally speaking, a "primary residence" is a person's fixed and permanent home, and a person can have only one primary residence. Evidence of whether property is being used as the... MORE
Yes. A primary residence will qualify for the special assessment rate if the person owns a life estate, or the right to use the property for his or her lifetime,... MORE
Yes. A primary residence owned or titled in a trust will qualify for the special assessment rate if the income beneficiary of the trust occupies the property as his or... MORE
No. Leased property cannot qualify as a primary residence for property tax purposes because it is not owned by the occupant. Likewise, property leased with an option to purchase does... MORE
You should contact the Assessor?s Office for the county in which your property is located. They can provide you with the necessary forms. In Horry County, the Assessor?s Office is... MORE
Property tax bills are issued by the county in which the property is located, usually in October of the current calendar year. In South Carolina, property taxes are paid in arrears,... MORE
Payment is due no later than January 15th of the calendar following the year in which the bill is issued. For income tax purposes, however, most owners pay their tax... MORE
