Jan
05

Can You Rent Your House Out and Claim Homestead Exemption?

By

taxesShould local homeowners lose their homestead exemption — a property tax break given to seniors and residents with disabilities — if they rent out their homes for a significant portion of the year?

Beaufort County officials have argued yes.

But state courts have said the county is wrong.

A court battle has dragged on for years after the county assessor’s office stripped Hilton Head Island homeowner Frank Mead of his homestead exemption in 2011.

 

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