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Updated over 4 years ago, 04/19/2020
South Carolina investment property tax???
Looking for some clarity on South Carolina "investment" property tax, which I believe is 6% (and primary residence is taxed at 4%)... Today someone told me to expect the property taxes on an investment property in SC to be 60% higher and I'm still trying to understand exactly what that means? Hopefully what I'm trying to ask makes sense to someone out there...while I wait to hear back from my tax advisor.
Any help or insight is greatly appreciated. Many thanks in advance!