What records should I keep regarding my property taxes?

If you own property in North Carolina, it is important to keep records of your property taxes. The records you should keep should include all documentation associated with the purchase of your property and the payment of property taxes throughout the years. When you purchase property in North Carolina, you should keep copies of the deed, the closing statement, and all receipts related to the purchase. These documents will be necessary for you to prove that you own the property and when you purchased it. When it comes to the payment of property taxes, you should keep copies of the property tax bills that you receive each year, as well as documentation of any payments you make. Also, keep receipts of any additional property tax payments that you make to your county, such as for back taxes or penalties. Lastly, keep all documents related to any property tax appeals that you make or any property tax exemptions that you receive. This will ensure you can prove that you are eligible for these benefits. By keeping these types of records, you will be able to provide proof of your ownership and payment of property taxes in North Carolina. It is important to keep these documents updated and readily-available just in case you ever need to prove your status as a property owner or to appeal your property tax assessment.

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