NC Property Tax Deadlines

What Davie County Property Owners Should Know about Property Revaluation

What Davie County Property Owners Should Know about Property Revaluation

March 8, 2021
Ryan M. Gaylord John A. Cocklereece, Jr.
North Carolina Property Tax Law Monitor
Effective January 1, Davie County reappraised all real property for property tax purposes. The County reappraises property on a four-year schedule, so the assessment taking effect this year will determine your property’s taxable value until 2025—and can only be changed based on physical changes to the property or a successful revaluation appeal. However, assessment reductions only apply prospectively, so it is important to consider a revaluation appeal this year in order to maximize your tax benefits. 
Buncombe County Property Tax Revaluation

Buncombe County Property Values Increase by About 18%; Appeals Deadline is April 14

February 24, 2021
Ryan M. Gaylord John A. Cocklereece, Jr.
North Carolina Property Tax Law Monitor
In 2021, Buncombe County is revaluating all real property for property tax purposes. The County reappraises property on a four-year schedule, so the property values established this year will remain in effect until 2025, unless the property is physically altered or the value is reduced through appeal. Assessment reductions achieved through a successful property tax appeal are not retroactive, so it’s critical to file your Buncombe County appeal this year if you want to maximize your potential savings. 
NC property tax exemptions deadline

January 31 Filing Deadline for Most North Carolina Property Tax Exclusions and Exemptions

January 22, 2021
John A. Cocklereece, Jr.
North Carolina Property Tax Law Monitor
North Carolina law provides for several exemptions or exclusions from property taxes for property owned and used by certain users in specified ways. Some of these exemptions and exclusions are automatic (e.g. government-owned property, non-business personal property). Others require a one-time application (e.g. various charitable, educational, literary and scientific exclusions). Finally, some require application each year in which the taxpayer wants the exemption or exclusion (e.g.
factory business personal property tax

The Ins and Outs of Business Personal Property Tax

December 21, 2020
John A. Cocklereece, Jr.
North Carolina Property Tax Law Monitor
The majority of property tax appeals concern arguments over the value of real estate—land and buildings such as commercial retail buildings, commercial office buildings, multi-family buildings, and industrial facilities. However, real estate is not the only type of property that is taxable for property tax purposes in North Carolina. Business personal property is also taxable for property tax purposes.
2020 property tax hearing dates

Property Tax Commission Sets Upcoming Hearing Dates

November 19, 2019
John A. Cocklereece, Jr.
North Carolina Property Tax Law Monitor
The North Carolina Property Tax Commission (PTC), the board that hears property tax appeals at the state level, has published its calendar of upcoming hearing dates through June 2020. The PTC typically meets once a month for four days of hearings.  December 9 — 12 January 13 — 16 February 17 — 20 March 16 — 19 April 20 — 23 May 18 — 21 June 22 — 25 Hearings take place at the North Carolina Department of Revenue Building in Raleigh.

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