Menu

Property Tax Resources

Washington Property Tax Updates

Updated SEPTEMBER 2018

Changes in the Advisory Appraisal Program

Every year a small team of Washington Department of Revenue appraisers assists county assessors on an advisory basis. (Another team of appraisers at the Department values centrally assessed properties.) Upon an assessor’s request, the Department must provide advisory appraisal assistance for locally assessed industrial properties of $25 million or more, but does so at its discretion for all other types of locally assessed property.

This year’s process differed noticeably from prior years due to a new manager for the program. His objective is to make the program more responsive to user needs. But for taxpayers, the first-year results have been disconcerting. There has been less information, less transparency and less time for meaningful input. Next year the Department hopes to improve with a written manual for the program, an earlier start on its work and an earlier target date for circulating preliminary results to the stakeholders. If your property is selected for an advisory appraisal next year, be on your toes!
 
Norm Bruns and Michelle DeLappe
Garvey Schubert Barer
American Property Tax Counsel (APTC)

Virginia Property Tax Updates
Washington DC. 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...

Read more

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...

Read more

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...

Read more

Member Spotlight

Members

Forgot your password? / Forgot your username?