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Updated almost 4 years ago on . Most recent reply

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35
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16
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Turgut Oz
  • Investor
  • Dallas, TX
16
Votes |
35
Posts

Which states have higher non-resident property taxes?

Turgut Oz
  • Investor
  • Dallas, TX
Posted

As far as I know, South Carolina does have outrageously high property tax for out-of-state investors.  Are there any other states to be aware of?

Most Popular Reply

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784
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450
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Troy Gandee
  • Real Estate Broker
  • Charleston, SC
450
Votes |
784
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Troy Gandee
  • Real Estate Broker
  • Charleston, SC
Replied

@Turgut Oz Our 6% rate is actually pretty average on a national scale. The 4% is similar to a homestead credit, which is extremely low nationally. I think people usually just get sticker shock when they compare the 2. What's frustrating is that the 6% is pretty standard for the rest of the country, but our infrastructure and education is less than average. The 4% tax rates barely go towards education or infrastructure. The state/counties try to make up the difference with the 6% properties.

  • Troy Gandee

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