Property tax returns are filed with the
TAX ASSESSORS' OFFICE between January 1 and April 1 at 736 Whitlock Ave,
Suite 200, Marietta, GA 30064, (770) 528-3100. To "file a property tax
return" simply means to declare any taxable property you own. A real
property tax return is not required if a properly completed PT61 Real
Estate Transfer Tax form is filed with the Clerk of Superior Court and
no subdivision or improvements were made to the property during the year
of transfer.
If you feel your assessment is
incorrect, you have the right to file an Owner's Return between January
1 and April 1 declaring the amount you believe to be the Fair Market
Value.
Real Property
Real property consists of
real estate and any improvements permanently affixed thereto, such as
buildings.
Personal Property
Personal property consists
of:
1.
Any furniture,
fixtures, machinery, equipment, inventory, etc., or any other personal
property used in business;
2.
Aircraft and
boats/motors owned by any individual or corporation.
Individuals, partnerships,
corporations, etc. doing business or residing in Cobb County must file a
personal property return each year by April 1 with the Personal Property
section of the Tax Assessors' Office. A 10% penalty is assessed for
failure to file and late filing.
Specialized Assessments
Certain classifications of
tangible real property may qualify for preferential assessment provided
they meet the criteria specified by Georgia law. The classifications
are:
1.
Preferential
Assessment;
2.
Rehabilitated
historic property;
3.
Landmark
historic property;
4.
Residential
transitional property;
5.
Conservation
use property.
6.
Brownfield
7.
Forest Land
Call the Tax Assessors'
Office at (770) 528-3100 for further information.
Tax Exempt Property
Certain types of property,
(i.e. public property, churches, nonprofit hospitals, etc.) may be
exempt from ad valorem taxation. Tax exempt status must be approved by
the Board of Tax Assessors before tax liability will be removed. For
additional information or to apply for exempt status, please contact the
Tax Assessors' Office at (770) 528-3100 by April 1.
