Property Tax Exemptions

They make it up as they go here. The best advise is to just nod politely and give them what they want. Take the path of least resistance.

I've never been asked to give any tax info aside from previous property tax bills and maybe a driver's license.

There's a printed list of exemptions that you can ask them to give you to see if you qualify for more than 1. It's good to have but remember when you file for any exemption, it won't take effect until following year so don't procrastinate. Good luck.

Yes that is correct.

Pia

Just curious, why would some one be exempt from property taxes if they own property?

Maye he lives in a church?:-)

Your not exempt from property taxes but there are exemptions that one can apply for that can lower your bill. For instance, if you apply for a Homestead exemption, which means you live on the property, you may get a $400.00 discount on your bill. There are other exemptions available as well. That's just one example.

This is a nice list of exemptions:

http://stthomassource.com/content/news/local-government/2005/01/14/homestead-exemption-benefits-available

There are additional exemptions as well.
Here's a list. This is dated 2014 so don't know if things have changed.

Homestead $400
Veterans $650
Disabled $500
Senior $500
Class I Inheritance - has criteria to be met, unimpproved land of 5 acres or less
Visitable Home
Circuit Breaker Tax Credit
Farmland Credit

All the above have conditions to be met to qualify.
The circuit breaker tax credit does list that one has to bring stamped copy of last 3 years of income tax returns. This applies to the disabled and senior tax credits as well

Ericw - for homestead, my list says you need USVI driver's license, USVI voter ID, current utility bill.

Do you have to live on the property to get the senior discount? What about for a condo and senior discount?
How and where do you apply?

Call the Lt. Governor's Office /Tax Assessor's Office to inquire.
To qualify:

For senior tax credit must be primary residence as of Jan 1, must be 60 plus, individual annual gross income of no more than $30K including social security, household annual income no more than $50K including ss, must provide 3 yrs. tax returns, utility bill, USVI senior Citizen ID or USVI ID w/dob.

Don't know if they allow you t have more than 1 exemption, anymore.
Used to be you could get all that you qualified for but think that changed.
Check with them, directly

Thanks Alana33 sent you a PM.

They let you have 2 exemptions total for anyone curious. Homestead + one other.

I PM'd you, Ericw

Thanks for the info!