The Empire State's exemptions can undoubtedly be subject to interpretation, and some communities ultimately opt out.
Property taxes are a substantial expense for businesses and commercial property owners in New York, and taxpayers in the state are contesting property assessments in record numbers. Many owners are going the extra mile, however...
Read moreValuing hotels for property taxation is one of the most complex and contested areas in real estate appraisal. And unfortunately for hotel owners, improper assessment is common and costly.
Unlike office buildings or warehouses, hotels are not just physical assets — they are operating businesses. This distinction requires appraisers to carefully...
Read moreLawmakers allow retroactive property tax exemption on religious grounds.
North Carolina has little sympathy for taxpayers that miss filing deadlines, but a new law eases the potential repercussions for property owners otherwise qualifying for religion-based tax exemptions. Under the new measure, taxpayers can apply for the religious exemption from property taxes...
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