![]() For older properties, it is typical to assume higher maintenance and repair costs. More commercial rental properties, such as apartment complexes or office buildings, are more complicated and difficult to analyze due to a variety of factors that result from the larger scale. In some cases, industrial properties can also be used as rental property investments. Real property can be most properties that are leasable, such as a single unit, a duplex, a single-family home, an entire apartment complex, a commercial retail plaza, or an office space. Depending on the type of rental property, investors need a certain level of expertise and knowledge to profit from their ventures. Rental property investment refers to the investment that involves real estate and its purchase, followed by the holding, leasing, and selling of it. The most recent revaluation occurred in 2022.Related Investment Calculator | Average Return Calculator | Mortgage Calculator This procedure allows the Tax Department to adjust the appraised value of real estate to reflect the property’s true value in light of changing real estate market conditions. Real estate is currently revalued every five years in Guilford County. The Tax Assessor’s primary responsibility is to appraise, list and assess all taxable real and personal property each year and furnish tax base figures to the County, Municipalities and Fire Departments for budget purposes. In addition to listing services, the Assessor’s office administers tax relief programs for qualified applicants. Persons listing real or personal property for the first time should contact the Tax Assessor’s Office for listing information. Listing forms are available through the links at the left of this page. Because Guilford County utilizes a permanent listing system for real estate, real property does not have to be listed unless an improvement or deletion was made to the property during the preceding calendar year. All personal property subject to annual listing must be listed during the month of January in order to avoid a 10% late listing penalty as mandated by State law. The High Point office is located at 325 East Russell Avenue.Įach year in late December, personal property listing forms are sent to property owners that had a personal property listing in the prior year. The Greensboro office is located in the Guilford County Independence Center at 400 West Market Street. The Tax Department has two offices in Guilford County. Our offices provide a vast amount of information to the general public, via the internet, which can be accessed using the links provided. The Collector’s Office is responsible for the collection of all property taxes due to Guilford County as well as Greensboro, Jamestown, Oak Ridge, Pleasant Garden, Sedalia, Summerfield and Whitsett, Gibsonville, and parts of Archdale, Burlington, Kernersville and High Point. The Assessor’s Office is responsible for the listing, appraisal and assessment of all taxable property in Guilford County. The Guilford County Tax Department is comprised of both the Assessor and Collector Offices. How do I purchase a county foreclosure property? Point of Sale (in person) payments: 2.35% of transaction amount processing feeĪpply for an elderly, disabled or disabled veteran exclusion? ACH/e-Check payments: $1.25 per transaction amount processing fee + $2.00 transaction fee Web/Mobile and Phone payments: 1.85% of transaction amount processing fee + $2.00 transaction fee The Guilford County Tax Department does not collect or benefit from the transaction/processing fees. Payit collects processing and/or transaction fees to deliver quality services more efficiently with no upfront costs to Guilford County. The Guilford County Tax Department uses a service called Payit that allows you to pay tax bills online, by phone, or in person. ![]() 24/7 Drop Box located at 325 E Russell Avenue High Point (NO CASH PLEASE) Market Street Greensboro (NO CASH PLEASE)ĥ. Mail your check or money order to: PO Box 71072, Charlotte, NC 28272-1072(No CASH Please)Ĥ. Pay your taxes with American Express, Discover Card, MasterCard, VISA, or e-Check.ģ. Here are the Alternative Ways to Access Our Servicesġ. The following contact information listed below may be used to communicate electronically or by telephone with any division of the Tax Department. The Guilford County Tax Offices in Greensboro and High Point are fully opened to the public for face-to-face services. THE GREENSBORO & HIGH POINT TAX OFFICES ARE
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