Property Tax Lawyers in Swarthmore
The law of Swarthmore, Pennsylvania says that everybody who owns real property has to pay taxes on it. The term "real property" refers to land and buildings, as well as anything fixed to the land, like trees and natural resources.
Property taxes in Swarthmore, Pennsylvania are measured as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (generally yearly) intervals.
Typically, the federal government does not collect property taxes anywhere in the U.S. Property taxes are gathered almost always by state and local authorities.
How Property Tax is Calculated in Swarthmore, Pennsylvania
Swarthmore, Pennsylvania calculates its property taxes by requiring property owners to pay a set percentage of the appraised value. While the property tax rate varies considerably across different parts of the country, they fall into the 1-5% range.
In order to levy this tax, the tax authorities in Swarthmore, Pennsylvania must have an uniform formula for figuring out the value of a particular piece of property.
In some ways, value is a subjective thing. For instance, the home in which you grew up is probably worth far more to you than its market value. To get around this, the government uses nothing but objective factors in deciding how much a piece of real property is worth.
Consequently, the people in charge of appraising the value of property in Swarthmore, Pennsylvania have to consider only objective, factual criteria when calculating the value of a piece of land. These criteria include the state of the real estate market, the zoning of the land (which determines how it can be utilized), and any improvements that have been made to the land, among other things.
How A Swarthmore, Pennsylvania Property Tax Attorney Can Help.
Swarthmore, Pennsylvania's property tax system is somewhat confusing. Legal disputes arising from property taxes can arise in a number of ways. For instance, the state might accuse a homeowner of failing to pay their property taxes, when they truly have. Conversely, a homeowner might believe that the value of their property was appraised inaccurately, resulting in a higher tax bill.
If one of these concerns affects you and your property in Swarthmore, Pennsylvania, you should make every effort to correctly handle it. This can keep small issues from growing into large ones. The best way to do this is to seek the advice of a reliable Swarthmore, Pennsylvania tax attorney who concentrates in property tax law.