Back Taxes
Falling behind on property taxes can lead to serious problems. Property back taxes are the taxes on your property that you haven’t paid by the due date.
When you don’t pay your property taxes on time, the amount you owe grows with added interest and fees. If you don’t resolve the issue, the government can take legal steps, such as placing a lien on your property or even selling it, to collect the money. MD Tax Help explains your options and helps you fix the situation before it worsens.
What Are Property Back Taxes?
Property back taxes are simply unpaid taxes on your property.
When you miss a property tax payment, your owed amount becomes back taxes. Over time, interest and fees build up, increasing your debt. If you don’t pay, the government can take legal action to recover the unpaid taxes, including placing a claim on your property or even selling it. It’s crucial to handle back taxes quickly to avoid bigger issues.
How Property Back Taxes Work
• Growing Debt
When you miss a payment, your tax debt doesn’t stay the same. Interest and fees begin to accumulate, making the total amount you owe grow. The longer you wait, the harder it becomes to pay it off.
• Property Lien
To ensure you pay the taxes, the government can place a lien on your property. A lien is a legal claim, meaning you won’t be able to sell or refinance the property until you pay your back taxes. The lien remains until you settle the debt.
• Property Sale
If you continue missing payments, the government can take stronger actions, such as selling your property to cover the unpaid taxes. This could result in losing your home or other valuable property.
Client Success Stories
At MD Tax Help, we’ve helped many homeowners resolve their back tax problems and prevent losing their property. Here are a couple of stories of how we’ve helped:
• Fixing Back Taxes for Michael
“Michael was behind on property taxes for several years, and his debt was growing fast. He was worried the government would sell his house to pay off the taxes. Michael reached out to MD Tax Help, and we got to work right away. We helped him come up with a payment plan that worked for his budget.
By acting quickly, we helped Michael pay off his back taxes and keep his property. Now he doesn’t have to worry about losing his home.”
• Stopping a Property Sale for Sarah
“Sarah had fallen behind on her property taxes, and the government had put a lien on her home. She was scared she might lose her property. Sarah contacted MD Tax Help, and we worked with her to find a solution.
We helped her reduce her debt and create a payment plan that fit her needs. Thanks to our help, Sarah was able to clear the lien and stop a potential property sale, keeping her home safe.”
Read more success stories and see how we’ve helped others overcome their tax challenges.
Back taxes don’t have to mean losing your property.
Contact MD Tax Help for a free consultation. Our team is ready to help you understand your options and find a solution that works for you. We’ll guide you through resolving your back tax debt and protecting your property.