Property Tax Lawyers in North Charleston
The law of North Charleston, 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 adhered to the land, like trees and natural resources.
In North Charleston, South Carolina, property taxes are measured as a percentage of the land's value. They are most often paid annually. But in any case, they are paid at some set interval.
In general, the federal government does not impose any property tax. Typically, property tax is imposed by state, county, and municipal governments.
How Property Tax is Calculated in North Charleston, South Carolina
North Charleston, South Carolina 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 levy this tax, the tax authorities in North Charleston, South Carolina must have an uniform formula for figuring out the value of a given piece of property.
In some ways, value is a subjective thing. For example, 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 determining how much a piece of real property is worth.
With that in mind, the land appraisers in North Charleston, South Carolina look at several factors, including the state of the local real estate market, the square footage of the house, and the permissible use (zoning) of the land.
How A North Charleston, South Carolina Property Tax Attorney Can Help.
North Charleston, 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 you are involved in a property tax dispute with the tax authorities of North Charleston, South Carolina, you should seek the advice of a North Charleston, 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.