Foley, Alabama Property Tax Law
In Foley, 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 Foley, Alabama are measured 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.
Typically, 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 Foley, Alabama
Foley, Alabama calculates its property taxes by requiring property owners to pay a set percentage of the appraised value. While the property tax rate varies considerably across different parts of the country, they fall into the 1-5% range.
In order to impose this tax, the government of Foley, Alabama first has to determine the taxable value of a piece of property.
Value, in some ways, is not an objective thing. For example, your childhood home is probably worth much more to you than its simple market value. However, the tax authorities use only objective factors in calculating a home's taxable value.
To this end, the Foley, Alabama appraiser will look at things like the state of the real estate market, the size of the land, the presence of additions to the land such as buildings, and the way in which the property is zoned.
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How A Foley, Alabama Property Tax Attorney Can Help.
The property tax system in Foley, Alabama can get pretty intricate. 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 are engaged in a property tax dispute with the tax authorities of Foley, Alabama, you should seek the assistance of a Foley, Alabama tax attorney. Your attorney can help you prevent a small tax problem from turning into something much bigger and more expensive than it needs to be.