Winning A Commercial Property Tax Appeal

By Karen Brooks


The issue of taxation is not good news to many. Many people fear it and often try the best ways to keep it at its lowest levels. An increase in their levels sometimes is too much, and many end up filling petitions to request a reduction of the same. However, many do not know that they have a legal right to contest the reduction. This is usually a strict process, and only a few end up being successful at the same. Here are tips to win a commercial property tax appeal.

Learn the working of the whole legal process. Every court process is present and written down in the constitution. It is your task to research on how the whole of this process works. This is essential in helping you to have a proper follow up of the proceedings. The knowledge sourced from this research is used as a checkpoint of what is presented, and this information backs the question you raise.

Familiarize yourself with the valuation criteria. The authorities use some criteria to get the value that should be paid in taxes. To score in this case understand these methods and use the results that you find a reliable point when presenting your complaints. These three criteria, income, sales comparison, and cost approach used to assess a business or an individual. This will be gotten from the office of an assessor and best used as a stepping stone to build a case.

Prepare properly thoroughly on applying the cases. They are tricky and sometimes go on for a long duration. It is up to you to start immediately on gathering a few supporting information. Equip yourself with substantial evidence that will assist you in winning this. It is also advisable, to begin with, the necessary things and go higher as it progresses. This helps you to form a very strong defense which leads to a victory.

Moreover, use the relevant exceptions as an extra score. Sometimes during the evaluation process, the authorities omit the exceptions that are provided for in the constitution. If you have been granted this, use them as a way to bring yourself to victory.

Confirm the information that was given by the relevant assessment bodies is accurate and fair. Sometimes there is the mistake done where the taxation tends to favor some while squeezing your company. Have an informal meeting them and ask for the valuation from your equals, if there is unfair treatment use it to defend your case. This will call for a balance of this by the court.

One of the strategies that have been used by many is the use of past similar cases and through the use of expert lawyers. Some individuals and companies prefer to handle the cases themselves in the court which at most times leads to failure. However, employing an expert in this field is a winning option. Additionally, refer to past similar cases that were a success.

In conclusion, some minor issues can bring the whole process against you. Having taxation cases in the past will always is one of the things that will make you lose. The reputation of your company acts as a booster during these processes. Arrange the documents and evidence in such a way that your opponent will always be behind you. This will eventually lead to an eventual winning.




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