Property Tax Lawyers in Hennepin County

The government of Hennepin County, Minnesota requires most people who own real property to pay taxes on its value. "Real property" refers to land and buildings, as well as anything else which is permanently adhered to a piece of land, including trees, oil, groundwater, minerals, and the like.

Property tax in Hennepin County, Minnesota is measured by taking a percentage of the appraised value of the property in question. They are typically collected on an annual or monthly schedule.

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 Hennepin County, Minnesota

Most often, property taxes in Hennepin County, Minnesota 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 Hennepin County, Minnesota first has to determine the taxable value of a piece of property.

Value is subjective in many respects. The home that you grew up in is probably worth more to you than its going market rate. Thus, to ensure that property taxes are fair and uniform, tax collectors have to use purely objective factors when appraising property.

With that in mind, the land appraisers in Hennepin County, Minnesota look at several factors, including the state of the local real estate market, the square footage of the house, and the permissible use (zoning) of the land.

How A Hennepin County, Minnesota Property Tax Attorney Can Help.

Property tax law in Hennepin County, Minnesota is not always simple. Legal disagreements about property taxes can arise from almost any example. For instance, you might have reason to suspect that the taxable value of your home was overestimated, creating a bigger property tax bill. And, the government might claim that you have underpaid your property taxes, while you think that you have paid the proper amount.

If you run into any issue with your Hennepin County, Minnesota property taxes, failing to handle it properly can result in anything from unnecessary inconvenience to considerable fines and tax penalties. However, with the help of a Hennepin County, Minnesota tax attorney, your chances of running into a property tax problem can be minimized.