Property Tax Lawyers in Friendswood

The law of Friendswood, Texas 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.

Property tax in Friendswood, Texas is measured by taking a percentage of the appraised value of the property in question. They are normally collected on an annual or monthly schedule.

In general, the federal government does not impose any property tax. Usually, property tax is imposed by state, county, and municipal governments.

How Property Tax is Calculated in Friendswood, Texas

Friendswood, Texas property taxes are normally calculated as a percentage of the value of the taxable property. Rates vary widely across the country, normally ranging from less than 1% at the low end, to about 5% at the high end.

To collect the property tax, the authorities of Friendswood, Texas have to first determine the value of an individual piece of land.

Value, in some ways, is not an objective thing. For example, your childhood home is probably worth much more to you than its simple market value. However, the tax authorities use only objective factors in calculating a home's taxable value.

There are many different ways to value property using objective factors. Typically, the appraiser in Friendswood, Texas 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 Friendswood, Texas Property Tax Attorney Can Help.

The system of levying property taxes in Friendswood, Texas can get fairly difficult. Disputes about property taxes, between the taxpayer and the tax authorities, can come up in many different ways. A taxpayer may believe that an error was made in calculating their property's taxable value, resulting in bigger tax bill. Furthermore, 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 immersed in a property tax dispute with the tax authorities of Friendswood, Texas, you should seek the help of a Friendswood, Texas 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.