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Q. What is the Legal Residence discount? Who qualifies? How do I know whether I have it?
A. Property owners can apply for the Legal Residence discount for their one legal residence in the state of South Carolina. This means that the qualifying property’s market value would be assessed at a ratio of four percent rather than six percent to obtain the property’s assessment (assessed value) for tax purposes. Even on a “home place,” some of the property may not qualify—for example, rental homes, second homes, commercial property, acreage above five acres, or property receiving another discount, such as “ag” (agriculture) use. You can look on the fifth line of the information in the upper right hand of your tax bill to see whether the billed property has the Legal Residence discount applied. The Assessor’s Office has the forms that you can fill out and submit to that office.
Q. I own a motor home.
Can it qualify as real property and/or my legal residence?
A. A motor home that:
is used as a primary or secondary residence; and
is eligible for the mortgage interest deduction on a federal tax return; and
has a bathroom, sleeping and
cooking facilities,
is eligible to be taxed as real property. However, the taxes are still due in advance, as for personal
property, and to be taxed as a legal residence a form must be completed and
filed with the County Auditor.
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