Property Tax Lawyers in Great Falls

Great Falls, Montana 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 Great Falls, Montana 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.

Federal authorities do not collect a property tax. Only state and local governments collect property taxes, as a general matter.

How Property Tax is Calculated in Great Falls, Montana

Great Falls, Montana property taxes are typically calculated as a percentage of the value of the taxable property. Rates vary widely across the country, typically ranging from less than 1% at the low end, to about 5% at the high end.

To collect the property tax, the authorities of Great Falls, Montana have to first determine the value of a specific piece of land.

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.

To this end, the Great Falls, Montana 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 Great Falls, Montana Property Tax Attorney Can Help.

The property tax system in Great Falls, Montana can get pretty intricate. There are many 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 one of these concerns affects you and your property in Great Falls, Montana, 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 Great Falls, Montana tax attorney who specializes in property tax law.