Property Taxes – are you 65+ and eligible for reduction in taxes?

🌟 Age Has Its Advantages—Especially When It Comes to Property Taxes in South Carolina

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If you’re 65 or older and a South Carolina homeowner, you may qualify for property tax relief thanks to the Homestead Exemption Program. This state benefit allows eligible seniors to reduce the taxable value of their primary residence by $50,000, which can lead to significant savings on annual property taxes.

🏡 Here are the details:

• You must be age 65 or older
• Be a legal resident of South Carolina for at least one year
• Own and occupy the home as your primary residence

This exemption applies to the school operating taxes, which often make up a hefty portion of your bill.

To apply, contact your county auditor’s office for the application.  If you have any questions, give me a call!