Q: When are property taxes due for fiscal year 2025-2026?
A: Property taxes are due in two installments: first installment by January 5th and second installment by October 15th. Contact the county tax office to confirm any schedule changes.
Q: What tax credits are available and how do I apply?
A: Transylvania County offers several tax credits including Homestead (for qualifying homeowners), Elderly/Disabled (for seniors 65+ or disabled persons), Disabled Veteran, and Circuit Breaker credits. All require annual application using form AV-9 and must be filed with income documentation and eligibility proof.
Q: How does the Homestead credit work?
A: The Homestead credit limits annual assessment increases rather than reducing market value. It typically caps assessment growth and requires filing an application with income verification. This is not automatic and must be applied for annually.
Q: When is the next property revaluation scheduled?
A: Transylvania County's next countywide property revaluation is scheduled for 2026. Property owners will receive new assessment notices prior to the revaluation taking effect.
Q: What are the penalties for late payment?
A: Late payments incur interest charges and penalties. Contact the Transylvania County Tax Office for current penalty rates and payment options if you've missed the due dates.
Q: Can I pay my property taxes online?
A: Check with the Transylvania County Tax Office for current online payment options and accepted methods. Many counties offer online payment portals for property tax bills.
Q: How do special district taxes affect my bill?
A: Properties located in fire districts, municipal boundaries, or special service districts pay additional taxes beyond the base county rate. Your tax bill will itemize all applicable district taxes.
Q: How do I appeal my property assessment?
A: Property owners can appeal assessments through the county's appeal process. Contact the Transylvania County Tax Office for appeal deadlines and required documentation.
Q: What triggers a supplemental tax bill?
A: Change of ownership, completion of new construction, major improvements, or changes in property use can trigger supplemental assessments and additional tax bills during the year.
Q: Are there income requirements for tax credits?
A: Yes, most tax credits including Elderly/Disabled and Circuit Breaker have specific income limits that must be verified annually. Requirements vary by credit type and are subject to change.
