Question about tax in SC

[Kim Puckett]

Hello - I need some clarification. In the state of South Carolina, I understand that there is a hefty tax on out of state owners for second homes. My question is this: If you are a resident of South Carolina, is there also a large tax on homes/investments outside of your primary residence or is it just if you live out of state and own the property? 

[John Underwood]

Kim,

We own a 2nd home on Lake Hartwell. We are taxed at 6% instead of 4%. See more details in post above about how this is computed.

280k house taxes are about $2600 if I remember correctly. 

We also rent it out on Homeaway.com and the house more than pays for itself.