Property Tax Lawyers in Lebanon

Lebanon, Ohio 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 adhered to the land.

Property tax in Lebanon, Ohio is measured by taking a percentage of the appraised value of the property in question. They are usually collected on an annual or monthly schedule.

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 Lebanon, Ohio

Lebanon, Ohio property taxes are usually calculated as a percentage of the value of the taxable property. Rates vary 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 Lebanon, Ohio first has to determine the taxable value of a piece of property.

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 Lebanon, Ohio 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 Lebanon, Ohio Property Tax Attorney Can Help.

The system of levying property taxes in Lebanon, Ohio can get fairly complex. Disputes 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 one of these issues affects you and your property in Lebanon, Ohio, 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 good Lebanon, Ohio tax attorney who specializes in property tax law.