Property Tax Lawyers in Greer
The law of Greer, South Carolina 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 affixed to the land, like trees and natural resources.
Property taxes in Greer, 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 (typically yearly) intervals.
Federal authorities do not gather a property tax. Only state and local governments gather property taxes, as a general matter.
How Property Tax is Calculated in Greer, South Carolina
Most often, property taxes in Greer, South Carolina are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of various 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 Greer, South Carolina have to first decide the value of a particular piece of land.
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.
To that end, the Greer, South Carolina employees in charge of appraising land look at objective facts to calculate value, like the size of the land and any buildings on it, the way in which the land may legally be utilized (zoning), and the health of the local real estate market.
How A Greer, South Carolina Property Tax Attorney Can Help.
The system of levying property taxes in Greer, South Carolina can get very perplexing. Disagreements 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 you are involved in a property tax dispute with the tax authorities of Greer, South Carolina, you should seek the advice of a Greer, South Carolina tax attorney. Your attorney can help you prevent a small tax problem from turning into something much bigger and more expensive than it needs to be.