Micbob4
Oct 07, 2017Explorer
Property tax
My fellow Virginia Rv'ers, how rough is the property tax on your class A? Virginia isn't a toy friendly state.
CharlesinGA wrote:Ivylog wrote:
Georgia used to tax you every year when you got your tag but now you pay a one time use/sales tax of 6.7%. At 62 years old, $36K of income tax (6%)/person is free and at 65 it goes to $65K each making GA retirement friendly. Depending on the county, property taxes are very low...$7/1000 dollars of value, BUT in the Atlanta area it can be double that amount.
In Georgia the tax is known as the Title Ad Valorem Tax (TAVT). It is literally a tax on the value of the title. There are no sales or use taxes on MOTOR vehicles in Georgia. Trailers such as cargo, utility, travel trailers, fivers, etc, are still taxed each year on the particular county's millage rate where the trailer is registered (which if you have a homestead exemption, must be the county of residence).
The TAVT applies to any vehicle re-titled, purchased, or brought into the state. Some tax rates are lower for transfers within family, and the rate is currently 7% and is frozen thru 2018. after that a re-evaluation of the tax rate will be preformed and the state can raise or leave alone the precentage. It is capped at 9% by law.
For a short period of time after the TAVT went into effect, owners of vehicles purchased prior to March 1, 2013 were allowed to switch to the new system, however that has passed into history. When a vehicle under the old system is transferred to a new owner, the vehicle falls under the new system.
As with almost any tax, you have a right to appeal of the value, and you appeal that value to the Board of Assessors in the county in which you registered and titled the vehicle. You must pay the full tax in good faith while the appeal is on-going. They are usually handled in a very timely manner as the locals BOA's really do not want to handle these appeals and have established procedures to expedite the appeals.
Disclosure: I am the chairman of the county Board of Assessors of the county in which I reside in Georgia.
Charles
Vehicles purchased prior to March 1, 2013