The Property Tax Protest: A Step You Should Take Each Year

The start of the year is a busy time for just about everyone. Friends and neighbors are looking to make good on shiny new resolutions, companies are taking steps to start things off on solid footing and, of course, property tax season is just around the corner. For those who own commercial properties, it also means property tax protests aren’t far off.

Although the idea of going up against authorities — or even in front of an appraisal review board — to dispute your commercial property tax assessment can be daunting, these efforts play a crucial role in ensuring you’re paying your fair share. When using a targeted approach, the process is fairly straightforward. Here are a few things to keep in mind as you contemplate whether a protest is the right move for your business.

Protests Should Be an Annual Occurrence for Any Commercial Property Owner

In a world where most of us attempt to avoid conflict, annual commercial property tax protests might seem counterintuitive — and uncomfortable. In truth, however, there’s no reason not to go that route. Protests of assessed values are successful in reducing bills more than 50 percent of the time, and
can save you hundreds of thousands of dollars through the years. As an added bonus, these efforts don’t impact your commercial property’s resale
value.

Having Your Ducks in a Row Can Make All the Difference

A little organization makes just about any process easier. Before diving headfirst into a commercial property tax protest, it’s important to know what you’re up against, and to plan accordingly. Click to read more at www.rednews.com.