Property Tax Lawyers in Matthews

Matthews, North Carolina laws require that most owners of real property pay taxes on its value. "Real property" refers to building and land, and objects (like natural resources) that are permanently adhered to the land.

Property taxes in Matthews, North Carolina 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.

In general, the federal government does not impose any property tax. Normally, property tax is imposed by state, county, and municipal governments.

How Property Tax is Calculated in Matthews, North Carolina

Typically, Matthews, North Carolina property taxes are determined as a percentage of the property's value. Tax rates vary widely, but they normally run from less than 1% up to about 5%.

To collect the property tax in a fair and consistent manner, Matthews, North Carolina tax authorities need to have an objective formula for determining the value of land under its jurisdiction.

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.

With that in mind, the land appraisers in Matthews, North Carolina 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 Matthews, North Carolina Property Tax Attorney Can Help.

The property tax system in Matthews, North Carolina 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 encounter a legal issue with your Matthews, North Carolina property taxes, and don't handle it properly, unnecessary inconvenience and expense can result. If you have the help of a skilled tax attorney in Matthews, North Carolina, however, the odds of encountering such a problem will be small.