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Updated about 1 year ago on . Most recent reply presented by

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Paulette Midgette
  • Investor
  • Philadelphia, PA
276
Votes |
344
Posts

Does Anyone Know Anything About South Carolina Personal Property Tax Returns

Paulette Midgette
  • Investor
  • Philadelphia, PA
Posted

I live in Pennsylvania and purchased a STR in Myrtle Beach Area this past fall. I recently received a personal property tax return. Yes, there are instructions on how to complete the form. However, there is information requested on the form that is not in the instructions. I have some basic term clarification and logistical questions. Yes, I contacted a number of tax preparers in the area and well as an account. I was told, they don't handle this return.

Is there anyone in SC  or invest there that can answers a few questions for me?

Most Popular Reply

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279
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177
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Myrtle Mike Thompson
  • Realtor
  • Myrtle Beach, SC
177
Votes |
279
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Myrtle Mike Thompson
  • Realtor
  • Myrtle Beach, SC
Replied

@Paulette Midgette that form is super confusing. You basically need to assign a value to all of the personal property (furniture, appliances, TVs, kitchen supplies, etc) inside the STR and they'll send you a tax bill based on the total. Start with the most expensive items and think about how much you might sell them for on FB Marketplace. Add it all up. Average tax bill for a 1-bed condo is probably around $50-$100/year. Higher for bigger properties. For specific questions contact the Horry County Tax Assessor's office, 843-915-5040. They almost never answer but if you leave a message with your contact info and property ID number (located on the form) they will call you back. Don't be surprised if it takes a week, but they've always called me back :)

  • Myrtle Mike Thompson

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