Local authorities depend on taxes levied on commercial and residential property owners to cover many of their outgoings. Yet when you see your bill rising, there may come the point where you stop and say enough is enough. Local authorities have several ways of funding...
Your commercial property tax bill arrives, and you think the figure is too high. What now? Understanding the five progressive steps will be crucial to giving yourself the best chance of reducing your bill. Your tax is calculated in January, and you have until April 30...
When your commercial property tax bill arrives, you might moan and groan about how it has risen. Yet if you are like most people, you probably just pay it. Have you ever stopped to think that maybe you shouldn’t? While you cannot just refuse to pay, you can file an...
Until a couple of years ago, there was a high demand for city center office space. Owners of those commercial properties could expect to charge a considerable amount of rent to companies desperate to place themselves in central locations. Then it all changed. Once...
Whenever you look to contest a decision that someone else has reached, your key line of investigation should be to assess how they reached their decision. Local tax assessors have the job of assessing your property’s value. This is then fed into an equation by the...
Your commercial property tax bill will land in your mailbox in January of each year. It can be tempting to file it away to deal with later as you do not have to pay it until April and October of the following year. When you operate a business, there is always...
To understand if your commercial property tax bill is correct, you need to know if the property value used to calculate it is accurate. Remember that tax appraisers have thousands of properties to assess, so they may not take the time to investigate each property...
One of the simplest ways to show that your commercial property tax bill is wrong is that the local tax assessor overvalued your property. A sale evaluation is one of the ways the local tax assessor can value your commercial property in order to calculate your property...
You’re looking for a new commercial space as your company continues to expand. You’re currently weighing the pros and cons of renting or buying. One of the biggest considerations you have to factor in is tax expenses. Could buying a commercial property outright,...
All property owners should pay a fair amount of taxes, but what constitutes a fair rate? Many local governments and their legal allies have been advancing their own theories about the amount of property taxes big-box retail stores such as Walmart, Target and Kohls...