Property Tax Lawyers in Makawao

In Makawao, Hawaii, 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 affixed to the land (such as buildings, trees, minerals, etc.).

Property tax in Makawao, Hawaii is derived by taking a percentage of the appraised value of the property in question. They are typically collected on an annual or monthly schedule.

Usually, property taxes are not levied by the federal government. This applies to everywhere in the U.S.. Typically, property taxes are imposed by state and local governments.

How Property Tax is Calculated in Makawao, Hawaii

Property tax in Makawao, Hawaii almost always takes the form of a tax levied on the appraised value of the property in question. Property tax rates in the U.S. range from 0.2% to around 5% of the property's value.

In order to levy this tax, the tax authorities in Makawao, Hawaii must have an uniform formula for figuring out the value of a given piece of property.

As you probably know, value is not always objective. For instance, the owners of family heirlooms typically 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 this end, the Makawao, Hawaii 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.

How A Makawao, Hawaii Property Tax Attorney Can Help.

The system of levying property taxes in Makawao, Hawaii can get fairly confusing. Disputes about property taxes, between the taxpayer and the tax authorities, can come up in various different ways. A taxpayer may believe that an error was made in calculating their property's taxable value, resulting in bigger tax bill. Additionally, the state or city government might allege that you have failed to pay your property taxes, while you believe that you have.

If one of these concerns affects you and your property in Makawao, Hawaii, you should make every effort to properly handle it. This can prevent small issues from growing into large ones. The best way to do this is to seek the advice of a knowledgeable Makawao, Hawaii tax attorney who specializes in property tax law.