Real-life examples of NC boat property taxes paid?

Started by Kettlewell, February 28, 2014, 09:47:32 AM

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Kettlewell

Now that NC has tripled the cost of boat registrations, keeping a boat there longer than 90 days is starting to look rather expensive. And, they also have local and county property taxes, with various rates all over the state. I can't find any source that describes real-life examples of what people actually end up paying in property taxes on their boats. Anybody from NC willing to volunteer what you pay per year in property tax on what type of boat?

Kettlewell

FYI: In SC I had to pay more than $400 per annum in property tax on a boat valued at $26K in Beaufort County. That's the type of example I was looking for.

CharlieJ

Quote from: Kettlewell on February 28, 2014, 02:11:44 PM
FYI: In SC I had to pay more than $400 per annum in property tax on a boat valued at $26K in Beaufort County. That's the type of example I was looking for.

In Texas there is no property tax on boats.. Just a registration good for two years- Tehani runs $ 60 every other year, as does my 18 foot trimaran.
Charlie J

Lindsey 21 Necessity


On Matagorda Bay
On the Redneck Riviera

Godot

Maryland is not known for keeping their hands out of the taxpayers pockets. However, I think I'm only paying $24 every other year for my registration. There is a 5% excise tax plus a $2 title fee at the time of purchase.
Adam
Bayfield 29 "Seeker"
Middle River, Chesapeake Bay

Kettlewell

A lot of northern states have no annual property tax on things like boats or cars, but they have higher sales and use tax at initial purchase or registration. For example, New York where I live has a 7% sales or use tax, but no annual property tax, and I think registration costs $93.75 for a three-year registration if your boat is over 26 feet. So, if you keep your boat awhile you save a lot on property taxes. No annual property tax on cars in NY either.

What about North Carolina?

Kettlewell

Apparently, from what I hear from someone who knows NC well in the past boat owners just were careful to move out of state briefly on Jan. 1 and then they seem to have been ignored by property tax assesors. But, now you only have 90 days before theoretically you are supposed to be registered in the state, documented or not, so I imagine they will look at those boat registrations and start sending property tax bills.