Property Tax Reduction
Wisconsin property lawyer assists with property valuation
In these challenging economic times, it is essential to evaluate every aspect of your business to wring the most productivity out of your operations while holding down costs of all kinds. Property taxes on commercial properties in Saint Paul and throughout Minnesota can be among the highest fixed expenses of any commercial enterprise. That makes property taxes a key target in business cost-reduction initiatives.
Taxes are inevitable, but paying more taxes than you should due to overvaluation of your property and buildings is just bad strategy that potentially threatens the viability of your business. If your property is assessed at more than its current fair market value, you are paying too much. To correct the situation, you first need to contact the knowledgeable, our skilled Minneapolis/Saint Paul property tax lawyer at Robert Hill Law, Ltd. for advice and assistance with property valuation.
Skilled attorneys in Wisconsin can help throughout the process
Minnesota tax law requires that real property—including the land, buildings, and some kinds of fixtures and improvements—must be assessed at fair market value. The taxes you pay depend on the tax assessor's judgment of this fair market value of your property. When this assessment does not match what your property is really worth in the Minneapolis/Saint Paul region today, our focused commercial property tax lawyer sets in motion an organized process with the objective of reducing that valuation and the corresponding taxes using these steps:
- Property evaluation—Analyze the assessments of comparable properties to arrive at an appropriate value.
- Question the methodology—Examine the methodology used by the assessor to determine the value and identify the shortcomings when applied to your particular property.
- Informal negotiations—Present findings to the assessing authority and attempt to negotiate a revision of the assessed value.
- Formal appeal—Write effective petitions, file required appeal documentation, and present your case before the local Board of Appeal and Equalization in a timely manner.
- Litigation—If necessary, take your case for property tax reduction to court.
Contact our the law offices of Robert Hill Law, Ltd.
If you feel your property taxes assessment is too high, it is important to act quickly. You must file your tax appeal by April 30 of the year your property tax becomes payable or risk losing your chance to appeal. If you would like to learn more about the appeals process and how our firm can help, do not hesitate to contact Robert Hill Law, Ltd. today. We have the skill and expertise to help you obtain relief from your excessive taxes.