North Carolina law requires all residents to list all taxable personal property owned as of Jan. 1 of each year. The Buncombe County Property Assessor’s Office wants to remind residents the listing period for 2021 begins Monday, Jan. 4, 2021 and the property tax listings must be completed and returned by Feb. 1, 2021, by 5 p.m. to avoid a 10 percent late-listing penalty.
Check out the video guides at the bottom of this article if you need assistance with the documentation for filling out your Business or Personal property.
Persons who must file a property listing includes:
- All persons who own real estate must list any new additions, changes, or deletions made as of Jan. 1, 2021.
- All persons who own personal property such as untagged motor vehicles, permanent multi-tagged trailers, manufactured homes, boats and boat motors, airplanes, rental personal property, or farm machinery used for income purposes, etc.
- Business owners: All businesses are required to file a business personal property listing form annually during the listing period stated above, which includes: machinery and equipment; furniture and fixtures; computers; improvements to leased property; manufactured homes; aircraft; IRP plated vehicles; and supplies etc. used in connection with the business.
Avoid costly penalties: Help is available
For help completing your listing please call (828) 250-4920.
- Listing extensions may be granted upon written or online request and for good cause shown. The listing extension request must be filed with the Assessor no later than Feb. 1, 2021. Online extension requests may be filed at tax.buncombecounty.org/extensions. Extensions will not be granted beyond March 15, 2021. For information call (828) 250-4930.
- Property tax relief may be available for the elderly, veterans, and permanently disabled persons: Anyone wishing to apply for exclusion under NCGS 105-277.1 should contact the Tax Department for an application at (828) 250-4915.
- Persons with agricultural land, forestland, horticultural land, or wildlife habitat land may qualify for a present-use value deferral. Contact (828) 250-4915 or email@example.com for more information.
- Persons who may not have received a listing form, please contact the Tax Department at (828) 250-4920.
The Buncombe County Assessor’s Office is open Monday through Friday from 8 a.m.-5 p.m. The office is located at 155 Hilliard Ave., Asheville NC, please call (828) 250-4920 to schedule an appointment. Forms are available here.
Guide for listing Business Personal Property
Guide for Listing Personal Property