Property Tax Resources

58 minutes reading time (11685 words)

Georgia Property Tax Updates

UPDATED December 2023

LIHT'S Addressed Again in Georgia

In Freedom Heights, LP v. Lowndes County Board of Tax Assessors, Case No. A231103 (decided on October 26, 2023), the Court of Appeals reviewed a trial court’s decision concerning rent restricted apartments which found that the sales comparison approach is not to be used unless there is evidence of sales of other Section 42 properties with unused tax credits; the income approach to valuation is inapplicable due to the application of O.C.G.A.§ 48-5-(3)(B)(vii), and the cost approach (if applied correctly) can be used to value property; the trial court’s decision was affirmed.

In Gateway Pines Hahira, LP v. Lowndes County Board of Tax Assessors, Case No. A23A1370, the Court of Appeals decided on November 3, 2023 that the question of whether the exclusion of tax credits from the valuation of property violates the taxation uniformity provision of the Georgia Constitution may lie within the jurisdiction of the Georgia Supreme Court, and transferred the case there.

Lisa F. Stuckey.
Ragsdale, Beals, Seigler, Patterson & Gray, LLP
American Property Tax Counsel (APTC)

Florida Property Tax Updates
Idaho Property Tax Updates

American Property Tax Counsel

Recent Published Property Tax Articles

How Poor Performance Can Aid Property Tax Appeals

Accounting for weak operations can buoy arguments to reduce taxable value, writes Baker Jarrell of Popp Hutcheson PLLC.

Property taxes are an ongoing headache for many commercial real estate owners, especially when their properties generate inadequate income. Assessors compound these frustrations when they value underperforming real estate as if it were...

Read more

John Stark and Kirk Garza: Assessors Often Overvalue Student Housing

With competition from a growing supply of purpose-built student housing (PBSH) and student renters' ever-evolving preferences driving costs, property owners in the sector must guard against excessive tax assessments.

Assessors often treat this special asset class as a traditional multifamily development, while PBSH is designed specifically for university students. As such...

Read more

Obsolescent Real Estate Presents Complications for Property Taxes

Incurable obsolescence — the stealth killer of commercial real estate value — is all too often overlooked in property tax appeals.

Any obsolescence can affect a property's value. Normal obsolescence involves curable problems, such as outdated fixtures and finishes that reduce a building's desirability. In valuation, the anticipated cost to cure...

Read more

Member Spotlight


Forgot your password? / Forgot your username?