Owing Property Taxes on My Home
Get Legal Help Today
Secured with SHA-256 Encryption
UPDATED: Jun 19, 2018
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
Property owners are subject to local property taxes. These taxes are typically collected by a County Tax Assessor. The payment of property taxes is sometimes added to a home mortgage payment by the company serving the mortgage for payment to the local tax collector.
Determining Amount of Property Taxes Owed
The usual method for determining the amount of taxes to be paid by the home owner is based on the assessed value of the property and improvements found on the property, If the property owner believes the amount of the assessed value is too high, he can appeal using actual sales of comparable property in the local area as evidence of the accurate value of his property. The amount of owed real estate taxes is deductible from the property owner’s income. For more information on valuations, read the Property Tax Law section on FreeAdvice.com.