Depreciation Versus Market Value Is Costing You Thousands The property tax code defines the valuation method for personal property as “market value.” However, most appraisal districts still assess your property on a depreciated cost basis, resulting in your overpaying every year – especially on software, technology assets, and office furniture. Three Common Mistakes There are … Read more
California Property Taxes – Have You Factored In Prop 19? What Is Prop 19? In California, property taxes aren’t as straightforward. There are more variables to consider, such as your established tax rate and the home’s assessed value. The Golden State has recently passed numerous laws that mandate property tax rules. The most recent was … Read more
How To Appeal Your Florida Property Taxes In Florida, the property tax assessment is set for January 1st and adjusted once a year. However, there’s a way to reduce your total taxes throughout the fiscal year; show that you were overvalued at this time by proving it was too high of an estimate for what … Read more
Property Tax Appeals Lawyer Reduces Your Property Tax Bill Our property tax appeals lawyers are here to help you appeal your municipal taxes. They have the expertise, experience, and capability needed for any assessment case, whether commercial or residential, tenant-occupied buildings, or not. With our assistance in navigating through state statutes and local ordinances concerning … Read more
Which States Have The Highest Property Taxes? The residential property tax is the average amount of paid housing taxes, expressed as a percentage. The most notable characteristic that sets this type of tax apart from others is its tie to home values and not taxable income or the owner’s personal wealth. Property taxes can create … Read more
COVID-19 and Your Property Taxes The Covid 19 pandemic has really hurt the commercial values. The no travel ban was a disaster for hotels and motels, and other businesses that rely on tourism to survive. The lack of tourism has caused serious economic and financial problems. Office buildings are struggling, restaurants have been forced to … Read more
Determining Fair Value The county board of equalization determines if all properties are assessed at their true and fair value. Equalization issues brought before the county board can result in changes in property values on a larger scale, so it’s important to be sure you’re getting an accurate assessment when submitting your appeal. The Hearing … Read more
How Do I Get Comparable Sales Data To Appeal My Assessment? You can get comparable sales information from records at the county assessor’s office, realtors, or title companies. You should use property sales that are most comparable to your property and which are sold closest to the assessment or appraisal of your property. The best … Read more
Information Required For A Property Tax Appeal When appealing your property tax assessment, you should be specific about why the assessed value does not reflect market value. You can’t just state that taxes are too high or it’s overpriced–you need to show how it is unfair and/or inaccurate concerning its worth on an open marketplace. … Read more
Filing A Washington Property Tax Appeal To file an appeal against a property valuation, you must complete a Taxpayer Petition for Review of Property Valuation Determination form in the county where your property is located. A letter or phone call will not be accepted as a substitute for this process. Anyone with an account on … Read more