Outside of income taxes, the single largest recurring charge for commercial property owners are property taxes.

Every property owner feels they are overpaying on their property tax. In most states, owners are required to pay taxes on both their real estate as well as their personal property. These charges are often an immense expense and a constant hit to the bottom line.

To ensure you are not being overcharged on your property taxes, a specialist with extensive market experience in valuation, tax, and law is needed. Our experienced team of professionals in mitigation, valuation, assessments, and law will work on your case to identify any potential opportunity for refunds and/or reductions in your current property taxes.

We perform all the work on your behalf until savings are captured, including partaking in hearings and filing necessary paperwork. We act as an extension of your company toward the governing property tax bodies.

Property tax mitigation involves strategies and actions taken to reduce the amount of property tax a business or individual is required to pay. This can include:

1. Property Tax Appeals: Reviewing property assessments to ensure they are fair and accurate, then appealing if the assessment is too high.

2. Exemptions and Abatements: Identifying and applying for any available property tax exemptions or abatements that the property may qualify for, such as those for senior citizens, veterans, or for certain types of business use.

3. Tax Incentive Programs: Leveraging government programs that offer tax incentives for property owners, particularly for investments in areas like renewable energy or historic preservation.

4. Assessment Reviews: Regularly reviewing property assessments to ensure that they reflect current market conditions and the actual use and value of the property.

5. Property Use Reclassification: Adjusting the classification of a property if it has changed use (e.g., from commercial to residential), potentially lowering its tax rate.

6. Improving Property Documentation: Ensuring that all property documentation is accurate and up to date, which can affect the assessed value and subsequent tax liability.

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Property Tax Savings