Property Tax Resources

Idaho Property Tax Updates

Updated september 2018

New Property Tax Case Pending Before Supreme Court

The state supreme court will soon decide whether an apartment complex owned by a 501(c)(3) nonprofit lost its property tax exemption in 2016 by renting some apartments that year to individuals with incomes over 60% of the median income threshold. The exemption requires all rental units except the manager’s be dedicated to low-income tenants. It specifies how many units must be rented to tenants with various income thresholds, with 60% as the highest. The district court ruled the exemption did not apply. The taxpayer, Aspen Park, Inc., argued that (1) the requirements overlap so that renting most of the units to very low-income tenants frees the rest from restrictions; and (2) an exception exists when there are not enough low-income applicants. The court said only the legislature could modify the requirements to address the dearth of qualified applicants. If the taxpayer prevails, the precedent could apply by analogy in other types of exemption cases where facts and circumstances may justify a departure from a strict application of the statutory requirements.
Michelle DeLappe and Norm Bruns
Garvey Schubert Barer
American Property Tax Counsel (APTC)

Georgia Property Tax Updates
Illinois Property Tax Updates

American Property Tax Counsel

Recent Published Property Tax Articles

The Silver Tsunami Portends Excessive Tax Assessments

​What You Need to Know to Successfully Appeal Your Inordinate Property Taxes

By Stewart Mandell, Esq.

For some time, owners and operators of seniors housing properties have been aware of the staggering demographic statistics, such as the Census Bureau's projection that the baby boomer population will exceed 61 million when the youngest...

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How Property Valuation Differs for Corporate Headquarters

Lack of data makes for more important conversations between advisors and property owners.

By Margaret A. Ford, Esq.

Corporate headquarters present unique challenges and opportunities in property valuation discussions with tax assessors. Managing taxes on any real estate property requires an understanding of all three traditional approaches to value, but headquarters...

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How to Avoid Excessive Property Taxes

Knowing what to look for in monitoring your assessments can help avoid over taxation.  

By Gilbert D. Davila

As robust occupancies and escalating investor demand in many markets drive up property tax bills for multifamily housing, apartment owners must continue to monitor their assessments to avoid overtaxation. Knowing what to...

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