If you own a business, one of the responsibilities you need to take seriously is filing commercial property taxes when they are due. However, this can be a very tiresome and intimidating process, especially if you do not know what to do. Overlooking any aspect of the...
As a commercial landlord, there are several ways to set out how much you lease your premises to tenants for. Yet, at the end of the day, you and they need to consider all costs. One of those costs is property tax. When property tax or any other cost of owning and...
Few people enjoy paying taxes. This can be especially true for business owners and even more so for those with commercial property. Though these taxes do go toward helping the state’s ability to support their business, part of that is understanding how to take...
Small business owners want to save money where they can so they can increase their profits and continue to funnel money back into the growing business. While many might be focused on things like decreasing product usage and similar points, they may not think about how...
You believe that the assessment for your commercial property is too high. Perhaps it has slowly crept up a little bit every year at a faster pace than local property values. Perhaps you have just had a new assessment entered after years of the same rate, and the...
When a big box store or competitive corporate retailer moves into a neighborhood, their property development will have noticeable consequences for local real estate prices. Specifically, homeowners near the facility will see the value of their properties slowly...
When people see businesses in an area thriving, they often assume that it is all positive. Yet a report from Canada suggests this might not be the case. As businesses do well, the price of the real estate those businesses occupy rises. For example, you set up a small...
To err is human. However, as far as tax is concerned, one small oversight can have far-reaching implications for your business. A problem with your tax return could mean a visit from the IRS, penalties or even delayed tax refunds. Regardless of the size of your...
If you bought commercial real estate as an investment, you will be pleased to see prices in the area rising. Yet, if your next tax bill is also higher, you will be less thrilled. Are the two related? They might be. Here is how property tax works. First, the county...
In the last several years, there’s been a sea change in the way that people live, work and shop. Internet shopping has virtually ended the self-contained mall, devastated strip malls and caused a lot of other businesses to close. Many of the retailers that remain are...