1. Protest property taxes
For most people, negotiating property tax value or ad valorem tax value is more
of an art then as a science, since there are so many things involved in the
property tax appeal process. You haveto have good negotiating skills if you are to
be successfulwith it. This is why you go to people who have made it their
business to make surethat they can negotiate on your behalf. It is not justthe
trivial things that they will negotiate for you but something much moreimportant
and something that could saveyou a lot of money in the long run.
Bottom line the systemis exposed to be fair. No property owner should pay more
than what they really owe. Cities are "squealing" that they do not haveenough
cash to pay for their services. Many Americans aresaying: "join the club." We are
expected to operate and live within our means, cities should as well.
2. Protest Property Taxes
Experts estimate that between 60-70% of ALL property owners areover assessed,
while only 2% actually bother to do anything about it. Many don't know that they
can appeal. Others assumethe process will be too cumbersome and complicated.
And we haveheard somepeople express fear that their cities may raise their
taxes (nonsense!). Someclaim that they justdon't have time.
In reality, the process is not that difficult to understand and the time needed to
investigate and learn how to appeal can be as little as an afternoon. The language
and the way that property taxes are calculated are overly complicated. Many
industry experts argue that cities do this on purposeto confuseor bore people
into not appealing. We tend to agree with this. If you can havethe disciple to sit
down for a half hour and read how they calculate your property taxes you will be
well on your way.
3. If you go to the taxing authorities on the subjectof ownership tax reduction and
property tax appeal, you may justsaveyourself thousands of dollars a year. Place
taxes are probably one of the biggest expenses that you have on a commercial
property. Imaginehow good it will be for you and your bottom line if you can pay
people to help you reduceyour tax? If you happen to be thinking aboutthis, you
should go to people who know the place tax laws very well. You can find such a
company that handles property tax reduction protests and commercial property
tax appeal cases extremely well. They will help you come up with all the
paperwork thatyou will need so that governmental agencies will take a very close
look at these documents to approveyour ownership taxappeal and reduction.
Get out there and protestyour property taxes! As tax payers face corporate
downsizing, weak healthcareprograms, a stalling economy and the biggestcredit
crisis since the great depression we should not have to shoulder the inefficiencies
and corruption of our politicians.
