Property Tax Lawyers in Greeley
In Greeley, Colorado, 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.).
In Greeley, Colorado, property taxes are measured as a percentage of the land's value. They are most often paid annually. But in any case, they are paid at some set interval.
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 Greeley, Colorado
Greeley, Colorado property taxes are usually calculated as a percentage of the value of the taxable property. Rates differentiate widely across the country, usually ranging from less than 1% at the low end, to about 5% at the high end.
In order to impose this tax, the government of Greeley, Colorado initially has to decide the taxable value of a piece of property.
Value, in some ways, is not an objective thing. For instance, your childhood home is likely worth much more to you than its simple market value. Nonetheless, the tax authorities use only objective factors in calculating a home's taxable value.
To this end, the Greeley, Colorado appraiser will look at things like the state of the real estate market, the size of the land, the existence of additions to the land such as buildings, and the way in which the property is zoned.
How A Greeley, Colorado Property Tax Attorney Can Help.
The system of levying property taxes in Greeley, Colorado can get very perplexing. Disagreements about property taxes, between the taxpayer and the tax authorities, can come up in several different ways. A taxpayer may believe that an error was made in calculating their property's taxable value, resulting in bigger tax bill. Also, the state or city government might allege that you have failed to pay your property taxes, while you believe that you have.
If you are involved in a property tax dispute with the tax authorities of Greeley, Colorado, you should seek the advice of a Greeley, Colorado 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.