2 Instances When You Might Need A Property Tax Attorney
by Becky Freeman
If you're a property owner, you know that property taxes can be a big expense. And if you're behind on your property taxes, you may be facing some serious consequences, like property tax foreclosure.
But did you know that you might need a property tax attorney even if you're current on your property taxes? Here are two instances when you might need a property tax attorney.
When You're Being Audited By the IRS
The IRS can audit anyone they think might be evading taxes, and property owners are no exception. If the IRS is auditing you, it's a good idea to hire a property tax attorney to help you navigate the process.
Your lawyer can help you understand the IRS's questions and requests. They could even help you negotiate a lower property tax bill if you're found to owe back taxes.
And if you have a lot of property, your attorney can help make sure you're taking all the deductions you're entitled to. They can also help you appeal an unfavorable IRS decision.
If your audit turns into a criminal investigation, you'll definitely need a property tax attorney. But even if it doesn't, having an attorney on your side can give you peace of mind and help you avoid some costly mistakes.
When You're Buying Property
If you're buying property, you'll need to ensure the property taxes are up to date and paid in full. Property taxes are usually paid in arrears, meaning the seller may not have yet paid the property taxes for the current year.
As the buyer, you're responsible for making sure the property taxes are paid, even if you don't technically own the property yet. If the property taxes aren't paid, you could face a tax lien or even property tax foreclosure.
Your real estate agent should be able to help you figure out if the property taxes are paid up to date. But if you have any questions or the property taxes are complex, it's a good idea to hire a property tax attorney.
They can help you understand the property tax situation and ensure you're not responsible for unpaid property taxes. Also, they can help you negotiate with the seller to have them pay the property taxes or give you credit at closing.
Ultimately, hiring a property tax attorney can help you avoid any surprises when you're buying property.
These are just a few instances when you might need a property tax attorney. If you're facing any property tax issue, it's always a good idea to consult an attorney to understand your rights and options.
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About Me
Hello and welcome, I'm Winfred Paulo. I have a passion for civil court cases of all kinds. Some time back, I ended up in the thick of a civil case after a lengthy dispute with my neighbor. The dispute went on for years and ended badly with an incident that landed us both in court. We had to prove our side of the case in an effort to obtain a positive outcome and recoup our losses. Unfortunately, I lost the case due to a lack of evidence. Since then, I've maintain a strong interest in civil cases and their proceedings. I will share information about civil cases on this site to help others understand these proceedings better. I may talk about legal terms, and expected outcomes for each case type. I hope you visit often to learn more. Thanks for stopping by my website.