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Old 01-28-2018, 09:53 AM
 
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Does anyone know if there are tax exemptions for seniors in Winnabow, NC and what is the income level you have to be under in order to get it?
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Old 01-28-2018, 02:39 PM
 
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If you mean property tax exemptions, there are no local programs. However, the state of NC does have a program that excludes half of the property's tax value (essentially cutting taxes in half) for those who are 65 and older and have an income of $29,500 per year or less.

Winnabow is not an incorporated town, so it does not have its own tax rate, only the Brunswick County tax rate, which is very low ($500 per year per $100,000 in assessed value). Have you checked to see what the taxes are on the property?
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Old 01-29-2018, 05:25 AM
 
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Originally Posted by BC1960 View Post
If you mean property tax exemptions, there are no local programs. However, the state of NC does have a program that excludes half of the property's tax value (essentially cutting taxes in half) for those who are 65 and older and have an income of $29,500 per year or less.

Winnabow is not an incorporated town, so it does not have its own tax rate, only the Brunswick County tax rate, which is very low ($500 per year per $100,000 in assessed value). Have you checked to see what the taxes are on the property?
Thanks for the info. I don't live there yet, but considering the area. Is there a link online to that information?
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Old 01-29-2018, 06:31 AM
 
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Originally Posted by Abbydo View Post
Thanks for the info. I don't live there yet, but considering the area. Is there a link online to that information?
Elderly & Disabled Exclusion Tax Program - Brunswick County
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Old 01-30-2018, 10:53 AM
 
39 posts, read 47,926 times
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Thank you very much!
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