Property Tax Lawyers in Houston
Houston, Mississippi 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 affixed to the land.
The property tax in Houston, Mississippi is simply a percentage of a piece of property's appraised value, paid to the state and/or local government on a periodic - typically annual - basis.
The federal government almost never imposes property taxes directly. Property taxes are collected nearly exclusively by state, county, and local governments.
How Property Tax is Calculated in Houston, Mississippi
Typically, Houston, Mississippi 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 levy this tax, Houston, Mississippi tax authorities must first figure out how much a house or piece of land is worth.
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.
There are many different ways to value property using objective factors. Usually, the appraiser in Houston, Mississippi will consider the current state of the real estate market, the size of the property, any improvements (buildings, roads, etc.) that have been made on the property, and the manner in which the property may be legally used (zoning).
How A Houston, Mississippi Property Tax Attorney Can Help.
In Houston, Mississippi, property taxes can become pretty confusing. Legal disputes can arise in the property tax context, even if there is no wrongdoing, and the dispute arises from an honest misunderstanding. You might have a good reason to suspect that a mistake was made when your property was appraised, resulting in a higher tax bill than you believe you legally owe, for example.
If you are affected by one of these, or any other, property tax legal issues in Houston, Mississippi, you should deal with it properly. If you fail to do so, a relatively minor issue can become much more expensive and inconvenient than it might otherwise have been. Thus, the assistance of a knowledgeable tax attorney in Houston, Mississippi is highly useful in avoiding these issues in the first place, or handling them if they do arise.