Property Tax Lawyers in Erie
The law of Erie, Pennsylvania says that everyone who owns real property has to pay taxes on it. The term "real property" refers to land and buildings, as well as anything adhered to the land, like trees and natural resources.
The property tax in Erie, Pennsylvania is simply a percentage of a piece of property's appraised value, paid to the state and/or local government on a periodic - usually 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 Erie, Pennsylvania
Most often, property taxes in Erie, Pennsylvania are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of different tax rates. The highest rates in the country are in the area of 5% of the property's value, and the lowest are less than 1%.
To collect the property tax, the authorities of Erie, Pennsylvania have to first determine the value of a particular piece of land.
As you probably know, value is not always objective. For instance, the owners of family heirlooms usually 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 Erie, Pennsylvania 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 Erie, Pennsylvania Property Tax Attorney Can Help.
Property tax law in Erie, Pennsylvania is not always simple. Legal disagreements about property taxes can arise from almost any example. For instance, you might have reason to suspect that the taxable value of your home was overestimated, creating a bigger property tax bill. And, the government might claim that you have underpaid your property taxes, while you think that you have paid the proper amount.
If you run into any issue with your Erie, Pennsylvania property taxes, failing to handle it properly can result in anything from unnecessary inconvenience to large fines and tax penalties. However, with the help of an Erie, Pennsylvania tax attorney, your chances of running into a property tax problem can be minimized.