Dealing with Back Taxes on Realty

Being a property owner is not a walk in the park. There are many incidents of ownership that comes with continued possession and enjoyment of one’s property and as property owner you always have to be aware of your rights and obligations relating to what you own in order to acquire full enjoyment of the same.


Most taxes due on property anywhere in the world are imposable on land, buildings and all improvements found on parcels of land, the justification for which is the continued protection and improvement of the state over your property and other infrastructure in the locality where they may be situated. For those who know the basic workings of the law applicable in the country, state or locality where the property is situated, compliance therewith is probably just as easy as knowing what is imperative upon you as property owner. But there is a considerable number, or probably new property owners or transferees or successors-in-interest, who may not be exactly aware of taxes and fees on their property, and they are ones with much trouble in dealing with the IRS in case they are owners of U.S. property, or other specific agencies with jurisdiction over real property taxation in any other place.

Considering that taxation, whether it be on income, business, services or real property as our discussion goes, is the ‘lifeblood’ of any state and its government, strict compliance therewith cannot be dispensed with. To be lenient on taxpayers would be to allow the state to have the discretion to diminish the ways by which it generates income, which in turn would be consequential—and not in a good way—to its development in terms of infrastructure and other projects that would require sufficient funding.

Anent this issue of diligent payment of proper taxes comes the problem of incurring back taxes. This may be due to, among others, ignorance of prevailing laws (may be knowledgeable of taxes due but not updated as to rates or prescribed periods). As a result, the real property owner – taxpayer incurs penalties and interests by reason of such late filing, underassessment, and under-declaration of value, which in the long run may run to a considerable amount. As with the U.S. and other tax jurisdictions, for example, where the thrust is for strict implementation of tax principles, it is good to know that you are not left bereft or remedies under the law.

If you are troubled with issues on unpaid taxes on your property that have become due, then you should not incur no more delay and try to get help with your back taxes. The longer you face your back taxes on realty problem, the more it is you compromise your rights and privileges as owner of that real property under your name. Work on updating your property taxes without necessarily paying all of your assessments, by working with a team that will evaluate your property tax status in order to determine with utmost competence how your back taxes can be lessened, hence not becoming a burden to you as property owner.

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