Real Estate Appeals

Property taxes are the single largest line-item expense, exclusive of debt-service, that commercial property owners face. For this reason, it is imperative that a review of all assessments is conducted annually to determine if a property has been over-assessed which results in excessive taxation. Local property tax is the only tax subject to opinions and negotiations and therefore, having a knowledgeable, aggressive consultant on your side can greatly impact your bottom line and even effect whether a year is profitable or not.

Following are some the steps that Assessment Advisors takes to ensure our clients have the lowest defensible tax liability for their commercial real estate:

• Visit with property owner to ensure accurate understanding of the subject property’s physical characteristics and potential issues impacting valuation
• Review appraisal records for inaccuracies which lead to incorrect assessment
• Determination of value utilizing analysis of income, cost and sales comparables
• Determination of fair and equitable value, where applicable
• Timely file protest with assessing authorities
• Present our findings to assessor’s office at informal valuation negotiations
• As needed, present our analysis of value to Assessment Appeals Board

At completion of administrative appeal process, we will discuss final valuation with client to determine if pursuit of additional remedy (litigation) warranted and/or feasible.