Millions of property tax dollars can be saved by understanding seven issues before buying real estate.
We asked property tax lawyers around the country for tax advice they wish their clients would request before an acquisition to avoid excessive taxation. Their responses, like tax laws, vary by state:
Ask Early. Transaction...Read more
Savvy commercial owners are employing use restrictions as a means to reduce taxable property values.
Most property managers and owners can easily speak about their property's most productive use, in addition to speculating on a list of potential uses. Not all of them, however, are as keenly aware of their property's...Read more
Statutory law continues to require that assessors value only the real estate, not the success or lack thereof, by the owner of the real estate.
Assessors and their minions frequently take the position that an occupied store is more valuable than an unoccupied store, a conclusion commonly referred to as the...Read more