Property Tax Lawyers in Aiken
The law of Aiken, South Carolina 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 attached to the land, like trees and natural resources.
Property taxes in Aiken, South Carolina are calculated as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (often yearly) intervals.
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 Aiken, South Carolina
Usually, Aiken, South Carolina property taxes are determined as a percentage of the property's value. Tax rates vary widely, but they typically run from less than 1% up to about 5%.
In order to levy this tax, the tax authorities in Aiken, South Carolina must have an uniform formula for figuring out the value of a given piece of property.
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.
There are many different ways to value property using objective factors. Generally, the appraiser in Aiken, South Carolina 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 Aiken, South Carolina Property Tax Attorney Can Help.
Aiken, South Carolina's property tax system is somewhat complicated. 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 actually 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 issues affects you and your property in Aiken, South Carolina, 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 Aiken, South Carolina tax attorney who specializes in property tax law.