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Blogs

Does South Carolina hate renters?

Need partners for SC Business Idea

Wednesday, December 04

I have a plan to take advantage of the property tax law in SC that penalizes renters and favors owners. I need partners with law, accounting, funding and real estate experience to work with me on this scheme. It could prove to be lucrative if implemented correctly. Contact me if intere...

The SC Property Tax Problem

Wednesday, December 04

A few years ago, the South Carolina Legislature "reformed" property taxes. They ended up putting everyone but owner-occupants at a disadvantage. I recently did an analysis of property taxes in downtown Columbia SC. It turns out that owner-occupants pay only 27% of the property tax that non-resi...