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How Property Assessment Really Works

How Property Assessment Really Works

First of all, every states property assessment process is very similar.  They all start off with the commonly accepted appraisal methods.  There is the cost, comparable, and income approaches.  As fair as residential they are mostly focused on the comparable approach.  This is where similar sold properties to the subject, are compared and differences are adjusted to the properties value.    

So the ci Read the rest of this entry »

Appeal Your Commercial Property Taxes

Appeal Your Commercial Property Taxes

Property taxes are a major concern for the commercial real estate landlord.  No matter where you are, they are not going down.  There is, however, a method for appealing commercial property taxes

Every community has a different way in which they assess the commercial property tax.  The first thing you need to do is to understand how the community in which you own commercial property assesses taxes against that propert Read the rest of this entry »

Taxes and Assessments Are Out of Control But You Can Change That!

Taxes and Assessments Are Out of Control But You Can Change That!

People do not believe they can have any say when it comes to their taxes and assessments, but they are wrong. The economy is in an uproar right now and cost are rising all around us. We as consumers have the opportunity to take measures in many ways to help ease the financial burdens. Get yourself in the habit of questioning everything you spend money on by asking yourself if there is a way that you can somehow reduce this cost Read the rest of this entry »