DISQUS

Maxsell Real Estate: Cherokee Co. Considers Floating Homestead

  • Mike Pennington · 1 year ago
    I am curious is this will act as an incentive for fixed income retirees to move to Cherokee county. Any thoughts?
  • bnix · 1 year ago
    @Mike I think this is a great way to entice retirees to move to Cherokee County. If you will remember, Cherokee County also offers a tax reduction to seniors by removing the school portion of their property taxes. See this post for more details: http://maxsell.net/will-you-still-love-me-will-...

    The combination of School Tax Exemption and a Floating Homestead Exemption should position Cherokee Co as one of the better places to retire in Cherokee County!

    There's also one other benefit to having seniors move to Cherokee:no work commutes = seniors drive less = less traffic

    It's a win for everyone and I encourage voters to approve this bill.
  • schenk · 1 year ago
    Creative way to slow the increasing taxation! I wish more municipalities were this forward thinking.