that in North Carolina there may be tax exclusions that apply to you? The State has three different exclusions for:
- elderly or disabled
- disabled veteran
- circuit break property tax deferment
There are specific requirements related to disability, age, income, depending on the applicable exclusion. If you’re considering purchasing property this could be important information for you to be aware of when calculating your costs of monthly housing expense, and annual property tax. Exclusions may also apply for multiple owners of a property.
For more information: