Is NC Property tax different for investors vs primary homes?

Is NC Property tax different for investors vs primary homes?

Chad HurinPro Member
Investor · Cary, NC · Member since 2013 · 56 posts · 18 votes

Hi, I have family investing in South Carolina that say they pay a much higher property tax on their investment properties vs their primary home. Is this the case for North Carolina? If so, how is it calculated? Can you provide a resources?

Thanks

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Investor · raleigh, NC · Member since 2010 · 45 posts · 18 votes
11y
There's no deffirence in property tax between rental property and owner occupancy. The city of Raleigh charges a yearly registration fee of 15$ for each rental property. It is city specific. Kevin
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  • Investor · raleigh, NC · Member since 2010 · 45 posts · 18 votes
    11y
    There's no deffirence in property tax between rental property and owner occupancy. The city of Raleigh charges a yearly registration fee of 15$ for each rental property. It is city specific. Kevin
  • Investor · Jasper GA · Member since 2015 · 1k+ posts · 1k+ votes
    11y

    We have a homestead exemption in GA that lowers our taxes a little.  Also, in our county when one of the owners reaches 62 school taxes go away.  Our taxes were reduced $2,400 last year.  Sometimes it pays to be a senior citizen.

  • Dawn BrenengenBusiness Member
    Moderator
    Real Estate Broker · Raleigh, NC · Member since 2014 · 2k+ posts · 1k+ votes
    11y

    what @Kevin N. said. There is no difference in the tax rate. 

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