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NC Property Tax Relief Deadline Approaching For The Elderly or Disabled Exclusion

Elderly Or Disabled Exclusion for property tax relief

If you intend to apply for the Elderly or Disabled Exclusion which offers property tax relief, the deadline is this week! With a June 1 deadline and Memorial Day on Monday, you're almost out of time. The property tax relief program lets elderly or totally and permanently disabled homeowners in North Carolina exclude the greater of the first $25,000 or half of the appraised value of their permanent residence. So, it can save quite a bit of money in property taxes. Still, homeowners must apply … Continue reading...

NC Circuit Breaker Property Tax Deferment Deadline Approaching

The NC Circuit Breaker Property Tax Deferment program limits yearly property taxes to a percentage of a qualifying homeowner's income. So who qualifies? Well, under the NC Circuit Breaker Property Tax Deferment, North Carolina homeowners older than 65 years of age or totally and permanently disabled qualify as long as their income meets the eligibility limits. So, it's a two tiered program. See, for the 2018 tax year, if the qualifying North Carolina homeowner made less than $29,600 last … Continue reading...

NC Property Tax Relief Deadline Approaching For Disabled Veterans

Disabled veterans in North Carolina qualify for property tax relief.

North Carolina's disabled veterans may qualify for property tax relief. The tax relief program excludes up to the first $45,000 of the appraised value of the disabled veteran's permanent residence. Unlike other tax relief programs, North Carolina set no income limit for this tax relief for veterans. A disabled veteran must have their character of service at separation listed as honorable or under honorable conditions to qualify. Also, the disabled veteran must have a total and permanent … Continue reading...

North Carolina Application for Property Tax Relief Must Be Filed Annually, Deadline: June 1st

North Carolina property owners should be aware that the annual Application for Property Tax Relief is due by June 1 this year. The Application for Property Tax Relief extends to people who are elderly or disabled or are disabled veterans. Applications for the following three property tax relief programs are due in less than one month: Elderly or Disabled Exclusion (G.S. 105-277.1) Disabled Veteran Exclusion (G.S. 105-277.1C) Circuit Breaker Tax Deferment Program (G.S. … Continue reading...

Don’t Miss The Korean/Vietnam War Exhibit In The Town Of Matthews This Month

Did you know that Matthews Military Veterans Advisory Committee will host a Korean/Vietnam War Exhibit May 25-25 at the Town of Matthews' Town Hall. Area veterans are encouraged to join the Matthews American Legion, Matthews American Legion Post 235 and Indian Trail’s VFW Post 2423 at the Korean/Vietnam War Exhibit on May 25-28. The exhibit goes on from 10 a.m. until 4 p.m. Friday through Sunday and 10 a.m. through 1 p.m. on Monday. Korean/Vietnam War Exhibit Veterans, bring you memorabilia … Continue reading...

North Carolina’s Tag And Tax Together Program

North Carolina's Tag and Tax Together program is for your vehicle property tax only. Keep in mind, it has nothing to to with your mortgage or home property tax. The Tag and Tax Together program streamlines the payments for vehicle registration and vehicle taxes. It started five years ago. All payments go right to the North Carolina Division of Motor Vehicles. The DMV then distributes the funds to the appropriate counties, depending on where you live. You can't renew your registration anymore … Continue reading...

North Carolina Department of Revenue Supervises Taxation Of Property

The State of North Carolina supervises local taxation of properties. Your property gets assessed locally. The tax bill will come from your local entity, but the North Carolina Department of Revenue supervises the taxation of property around the entire state. North Carolina General Statute 105-289 requires this general supervision. The responsibility falls on the N.C. Department of Revenue’s Property Tax Division. Yet, if you want information on your property tax, contact your local property tax … Continue reading...

Cinco de Mayo Events Around Charlotte

Cinco de Mayo events take place all around Charlotte this Saturday. Here are some of the coolest events we've heard about. First and foremost, Charlotte’s Largest Cinco de Mayo block party (presented by Hot Taco with Slate Charlotte, All American Pub and Oak Room) goes from 10 a.m. until 2 a.m. on Saturday. There's free admittance and tacos are just $2. Enjoy frozen margaritas and cornita flips. Participate in a raffle for a chance to win tickets to the Carolina Country Music Fest in Myrtle … Continue reading...

Grow Your Business In Charlotte

Looking for a great city to grow your business? Grow your business in Charlotte! The Charlotte Chamber seeks businesses interested in relocation or expansion. Did you know that Mecklenburg County companies made nearly $819 million in capital investments in the area? Seriously! This equated to adding or improving 8.4 million square feet of commercial real estate. That's following the adding or improving 11 million square feet of real estate and $1.1 billion in capital investments in … Continue reading...

Now Is A Great Time For Selling Your Home In Charlotte, Contact Us ASAP

If you've thought if selling your home in Charlotte, now is the perfect time. For example, in May, the market saw only a 2.2 month supply of available homes for sale. Compare this to the 15-month supply the Great Recession. A six-month supply represents a balanced market between buyers and sellers. Houses are selling fast. From listing to closing, your home could be sold in 30 to 45 days depending on the price point. The low supply of inventory hasn't dulled the market at all. The demand … Continue reading...