VMworld 2013: Leveraging IT Financial Transparency to Drive Transformation
PVS Overview
1. Property Valuation Services
Specializing in Complex Properties
1400 Metcalf Avenue
Overland Park, KS 66223
www.propertyvaluationservices.net
888-862-2722
2. About PVS
PVS was founded in 1997 in Overland Park, Kansas by
David Dlugopolski and Robert Hileman.
Their backgrounds in both Personal and Real
Property taxes, as well as, their business experience
and commitment to quality work are the
foundation for what has become one of the most
successful privately held companies in the Property
Tax Consulting Industry.
3. Business Units
• Real Estate Property
• Business Personal Property
• Asset Clean-up/Asset Tag and Reconciliation
• Equipment Appraisal
• Real Estate Appraisal
5. Our People
Fortune 120
Corporate Tax
Portfolio
Managers
Business Acquisition Medical Equipment
& Merger Specialists & Imaging Specialists
MBA/BS Finance
State Licensed
and Accounting
Consultants
Based Staff
CMI and IPT MAI/ASA/CGA
Members Appraisers
Healthcare Business
Owners and
Operators
12. PVS Services
Real Estate and Business Personal
Property Tax Consulting
As a Tax Consulting Firm, PVS reviews, advises, and achieves
the best possible result “In the Best Interest” of our Client.
• Compliance Services
• Assessment Reduction Services
• Proposed Assessment Tracking
• Final Tax Bill Approval
• Electronic Tracking and Reporting
• Audit Defense
• Appraisal Services
• Property Tax Research Assistance
13. Real Estate
PVS has the expertise to educate assessing jurisdictions
throughout the country regarding the valuation issues
affecting Complex Properties. Our expertise includes the
following:
• High Level Property Tax and Appraisal designations, such as ASA,
MAI, CMI’s
• Licensed appraisers and consultants who specialize in Complex
properties.
14. PVS Difference
What sets PVS apart from your General Property Tax
Consultant?
• Creative and talented team of professionals with proven track
record of achieving maximum reductions while maintaining our
clients long-term interests.
• We are able to quantify and separate out the Personal Property
and business value of the going concern enterprise value.
• We are able to quantify functional and external obsolescence
through our value analysis process.
• Expert witnesses who can support and defend our valuations
before local boards of appeal and Court, if necessary.
• Nationally recognized and respected by assessing officials as
experts in Complex Properties.
• Work with assessors, not against them, looking out for the long-
term interest of our clients.
15. Compliance Services
Compliance is the most commonly used term for portfolio tax
management and/or process of fulfilling the official requirements for
reporting Business Personal Property, to include:
• Set up properties in PVS system to allow client exclusive internet web access
to ongoing case status.
• Filing Business Personal Property Return(s)
• Assessment Review and Verification
• Reviewing Tax Bills for Accuracy
• Issue Tax Bill Approval notice to client to confirm correct tax bill amounts so
tax bills are not overpaid or duplicated.
• Submitting Approvals to Pay Tax Bills
• Two management reports a year (where you were, where you are, and
where you will be) for tax planning and accrual purposes
16. Assessment Reduction
Comprehensive Valuation Approaches and Reduction
Methodologies
Real Estate
• Perform Comparative Analysis of information gathered and current
assessment to determine if property is over-assessed utilizing a
combination of the following methodologies
– Cost Analysis
– Income Analysis
– Market Analysis
– Compare Assessments to Competing Properties
– Business Value
Business Personal Property
• Equipment Valuation Utilizing Replacement Cost vs. Reproduction Cost
• Asset Clean-Ups
• Market Approach for High Tech Equipment
• High Technology Specific Depreciation Schedules
• PVS removes costs from High Technology assets making them non-taxable
or forcing them into faster depreciation schedules and/or both
17. Property Tax System
• Property Tax Data Organization and Management
• Automated Return Generation
• Flexible Reporting
PVS contracted with a Texas consulting firm to develop our
own Property Tax system; designed not around marketing
ploys, but around the essentials of Property Tax tracking and
reporting. The end result was the PVS Property Tax System
(PVSPTS).
FINALLY… a true Property Tax System designed by Tax
Professionals for Tax Professionals
18. Why PVS
• Represents Nationally Recognized Corporate Clients
• Highly diverse and experienced team of professionals
• Experienced in Complex, Multi-Jurisdictional Properties
• Uses the most current electronic technology available
• Performs services from an analytical/accounting perspective
• Centrally located
• Performs services on a pre-assessment basis
• Always works in the Clients best interests
• PVS Property Tax Tracking System
• Yearly Strategic Meetings
• Build Long-Term Relationships (No Lost Clients)
19. Appraisal
Real Estate and Equipment Appraisal
Appraisal Solutions Group (ASG), a division of PVS; has put together
a team of appraisers who are at the forefront of the appraisal
industry. This includes Accredited Members of the ASA and MAI,
designated members of the Appraisal Institute with many years of
experience in appraising complex properties for a multitude of
purposes.
• Property tax appeals
• Litigation
• Purchase price allocation
• Like-kind exchange
• Financing
• Books and records correction