Maxsell Real Estate - Latest Comments in Cherokee Co. Considers Floating Homestead

Re: Cherokee Co. Considers Floating Homestead

schenk — Thu, 17 Jul 2008 11:49:25 -0000

Creative way to slow the increasing taxation! I wish more municipalities were this forward thinking.

Re: Cherokee Co. Considers Floating Homestead

bnix — Thu, 10 Jul 2008 16:27:14 -0000

@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.

Re: Cherokee Co. Considers Floating Homestead

Mike Pennington — Thu, 10 Jul 2008 14:51:27 -0000

I am curious is this will act as an incentive for fixed income retirees to move to Cherokee county. Any thoughts?