it removes $50,000 off the taxable value of your property for people over 65
Good evening Mr Joseph, It is a property tax relief exemption, available to those over 65 or meeting other specific requirements. Approval is determined and administered by the Beaufort County Auditor’s Office. A link to their website and more information about the Homestead Exemption is provided below. http://www.bcgov.net/departments/Real-Property-Services/auditor/frequently-asked-questions.php#homestead
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