The property listing period for 2023 begins Tuesday, Jan. 3, 2023, and Buncombe County Property Assessment wants to make sure you have all the information you need. Buncombe property owners who have requested a listing form or filed a listing previously will be mailed listing forms in December. Questions about who should file? Please see the information below.
Real Estate
Anyone who owns real estate must list any new additions, changes, or deletions that have been made since Jan. 1, 2022. For example, if you have had permitted work done to your home, built additions, or completed renovations to your home, those should all be updated on your property record. You can do that online at tax.buncombecounty.org or contact the Property Assessment office at (828) 250-4940.
Personal Property
According to the North Carolina General Statutes, all property that is not defined or taxed as “real estate” or “real property” is considered to be “personal property.” If you own personal property such as un-tagged motor vehicles, permanently tagged trailers, manufactured homes, boats and boat motors, airplanes, rental personal property or farm machinery used for income purposes, you must file a listing form annually. Download a listing form at buncombecounty.org/personallistingform.
Business Personal Property
Business personal property is taxable whether it is owned, leased, rented, loaned, or otherwise made available to the business. All businesses are required to file a business personal property listing form annually during the listing period.
Business personal property includes:
- machinery and equipment
- furniture and fixtures
- computers
- improvements to leased property
- manufactured homes
- aircraft
- international registration plan (IRP) plated vehicles
- supplies, etc.
Download a listing form at buncombecounty.org/businesslistingform.
Rental Property
Did you know business personal property also includes all furnishings within a dwelling that is used as a long- or short-term rental? Download a Rental Listing form at buncombecounty.org/rentallistingform.
Extensions
Listing extensions may be granted upon request and for good cause shown. The listing extension request must be filed with Property Assessment no later than Jan. 31, 2023. File an extension online at businessextensions.buncombecounty.org.
Extensions will not be granted beyond March 15, 2023. If you are a new business for 2023, and have not filed a previous listing form, please contact our office for information at (828) 250-4930.
Tax Relief
Property tax relief may be available for Veterans, anyone 65 and older, or anyone permanently disabled under NCGS 105-277. Call (828) 250-4915 to see if you qualify or download an application at buncombecounty.org/taxrelief. The application period for tax exemptions or exclusions opens Jan. 1 and runs through June 30, 2023.
Don’t let the listing period slip by. Listing forms will be accepted January 3-31, 2023. Property Assessment is located at 155 Hilliard Ave, Asheville, NC 28801, and is open Monday – Friday, 8 a.m.-5 p.m., except for holidays. Call (828) 250-4920 for more information.
Instructions and forms are always available at: buncombecounty.org/propertyassessment.
Still have questions? Contact the Property Assessment office at (828) 250-4920.
2023 Rental Listing Form Frequently Asked Questions
If you have received a letter from Buncombe County Property Assessment with a Rental Property Listing Form here’s what you need to know.
Why am I receiving this?
January is the listing period for 2023. The Buncombe County Property Assessor is contacting property owners who may have unlisted business personal property to make sure that we have the most accurate data on all Buncombe County properties. This mailing went to all property owners whose mailing address was different from the property location.
I don’t rent this property what should I do?
Please mark the form indicating primary use of the property and send it back so we can update our files.
Who files a listing and what do I list?
Any individual or business in North Carolina owning or possessing personal property used or connected with a business or other income producing property on Jan. 1, must list the property for taxation. Examples include, but are not limited to:
1. Income producing personal property
2. Household Rental Property (homes you rent to others that you the landlord furnishes)
I own rental property that I furnish. What should I do?
If you own property that is used for long- or short-term rentals, you must list the personal property you provide as part of that rental. Business personal property includes anything the renter would use, such as furniture, appliances (oven/stove, washer, dryer, refrigerator), silverware, towels, bedding, etc. The cost, date of purchase and description of the items should be entered on the list sheet.
What if I purchased the property furnished and I don’t have the year purchased or purchase price?
If the personal property was included with the purchase of the real property, please enter a description of the property and your best opinion of market value.
Why is this the first time I am receiving this form?
Our office is committed to improving the data we have on personal property assets to ensure that all accommodation providers are taxed fairly. It is the taxpayer’s responsibility to list property for taxation and our office would like to make sure property owners have all of the information needed to complete the forms correctly.
What happens next?
After the Property Assessment office receives your listing form, staff will determine the assessed value and mail that back to you. Property owners have 30 days from that mailing to appeal that value.