Property Tax Lawyers in Flagstaff
In Flagstaff, Arizona, the government imposes a tax (a legally-mandated payment made to the government) on real property. "Real property" is specified as any piece of land, or object permanently or semi-permanently attached to the land (such as buildings, trees, minerals, etc.).
Property taxes in Flagstaff, Arizona are calculated as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (generally yearly) intervals.
Federal authorities do not gather a property tax. Only state and local governments gather property taxes, as a general matter.
How Property Tax is Calculated in Flagstaff, Arizona
Usually, Flagstaff, Arizona property taxes are decided as a percentage of the property's value. Tax rates differentiate widely, but they typically run from less than 1% up to about 5%.
To levy this tax, Flagstaff, Arizona tax authorities must initially figure out how much a house or piece of land is worth.
As you probably know, value is not always objective. For example, 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 Flagstaff, Arizona 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 utilized (zoning), and the health of the local real estate market.
How A Flagstaff, Arizona Property Tax Attorney Can Help.
Flagstaff, Arizona's property tax system is somewhat perplexing. Legal disputes arising from property taxes can arise in a number of ways. For instance, the state might accuse a homeowner of failing to pay their property taxes, when they actually have. Conversely, a homeowner might believe that the value of their property was appraised inaccurately, resulting in a higher tax bill.
If you are involved in a property tax dispute with the tax authorities of Flagstaff, Arizona, you should seek the advice of a Flagstaff, Arizona 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.