Many states are attempting to change established law, causing commercial property taxes to skyrocket.
No one wants to be blindsided with additional tax liability. This is why many businesses belong to industry groups that closely monitor liability for income taxes. Unfortunately, these same companies rarely stay on top of legislation that...Read more
Take advantage of the following opportunities for tax savings in the booming multifamily market.
With healthy multifamily market fundamentals and increasing demand from investors, apartment property values are on the rise. For owners concerned about property tax liability, however, there are still opportunities to mitigate assessments and ensure multifamily assets are...Read more
Investment value is not market value for property tax purposes because the excess value transfers elsewhere, according to attorney Benjamin Blair. But where does the value go?
When a new building enters the market with a headline-grabbing development budget, the local tax assessor is often happy to use the value stated...Read more