Alabaster, Alabama Property Tax Law
In Alabaster, Alabama, the government imposes a tax (a legally-mandated payment made to the government) on real property. "Real property" is defined as any piece of land, or object permanently or semi-permanently adhered to the land (such as buildings, trees, minerals, etc.).
Property taxes in Alabaster, Alabama are calculated as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (usually yearly) intervals.
Usually, the federal government does not collect property taxes anywhere in the U.S. Property taxes are collected almost exclusively by state and local authorities.
How Property Tax is Calculated in Alabaster, Alabama
Most often, property taxes in Alabaster, Alabama are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of different tax rates. The highest rates in the country are in the area of 5% of the property's value, and the lowest are less than 1%.
In order to impose this tax, the government of Alabaster, Alabama first has to determine the taxable value of a piece of property.
As you probably know, value is not always objective. For instance, the owners of family heirlooms usually place far more value on them than their objective monetary value. So tax officials have to be careful to only use objective criteria in valuing property for tax purposes.
To that end, the Alabaster, Alabama employees in charge of appraising land look at objective facts to calculate value, like the size of the land and any buildings on it, the way in which the land may legally be used (zoning), and the health of the local real estate market.
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How A Alabaster, Alabama Property Tax Attorney Can Help.
The property tax system in Alabaster, Alabama can get pretty complicated. There are several reasons why you might run into a legal dispute regarding your property tax. For example, you may believe that the appraised value of your property was too high, increasing your tax burden unjustly. Or, the state might accuse you of failing to pay your property tax.
If you encounter a legal issue with your Alabaster, Alabama property taxes, and don't handle it properly, unnecessary inconvenience and expense can result. If you have the help of a competent tax attorney in Alabaster, Alabama, however, the odds of encountering such a problem will be small.