Commercial Real Estate
Commercial Property Tax Consultant Services:
Property taxes can have a significant impact on a business owner’s profitability. Our tax advisors for commercial property are experts at analyzing and contesting the assessed value of your property to ensure that it is fairly valued in the open market. Our services include:
1. Property Tax Assessment Review and Appeals (Formal and Informal): Evaluating the assessed value of commercial properties to ensure it reflects the true market value. If overvalued:
- Informal Appeals: Engaging directly with the appraisal district to resolve valuation discrepancies. This can involve submitting financial data, such as income and expense reports, and using market comparables to negotiate a reduced assessment.
- Formal Appeals: If an informal resolution cannot be reached, filing a formal appeal. This includes preparing detailed documentation, presenting financial analysis, and representing the property owner during formal hearings, such as those with the appraisal review board or other governing bodies.
2. Abatement and Exemption Assistance: Helping commercial property owners identify and apply for applicable abatements or exemptions to lower their tax burden. This involves:
- Market Comparables and Property Classification: Conducting in-depth market research on similar commercial properties to provide evidence for a fair assessment. Additionally, reviewing the property’s classification to ensure it is correctly classified for tax purposes, as misclassification can result in higher taxes.
- Income and Expense Analysis: For income-producing properties, a detailed analysis of the property’s financial performance, including income, expenses, and capitalization rates, is conducted. This helps ensure the property’s assessed value aligns with its actual financial returns and is crucial in supporting any potential appeals.
3. Arbitration: Representing commercial property owners in arbitration when disputes over the property’s assessed value cannot be resolved through informal or formal appeals. Arbitration is typically used for larger or more complex properties and involves a neutral third-party arbitrator reviewing the evidence to issue a binding decision. The tax consultant handles the preparation of financial and market data and manages the arbitration process to advocate for a fair outcome.
FAQ
For the same reason you hire an attorney to represent you in court or a CPA to help you with your income taxes, you should hire a property tax consultant to protest your property taxes. Our team of experts have intimate knowledge of property valuation methods, local tax laws, and appraisal district procedures. Since our compensation is based on our performance, we are motivated to do the best job possible year after year!
We are a boutique property tax firm that spends more time and resources per client than our competitors. Our goal is to build a relationship with our client, so we can best serve them. In addition, we employ a custom tailored strategy to help lower your property taxes, rather than using a mass appeal approach like many other companies. We are not interested in accepting a minimal reduction like many companies do; our team’s primary mission is to accomplish the best reduction possible.
We offer our property tax protest services to commercial & residential properties in El Paso Texas and Las Cruces NM. This means you can work with one company for all your Texas new maxico properties. Our experienced team maintains close relationships with local appraisal offices. We also understand the local market dynamics that influence your property tax appraisal, enabling our tax consultants to provide the best arguments to help lower your taxes.
We are paid based on performance, so our interests are aligned with our clients. We charge clients a contingency fee, which is a percentage of the property taxes we actually saved them from our property tax protest process. If we don’t actually save you money, our contingency fee is zero. This means our team is motivated to work as hard as possible to maximize your savings.
For more details, visit our transparent pricing page on our website.
Absolutely! We take pride in our work and would love to show you some recent examples of our work. Please visit the our process page on our website and link process page link
We had a more than 80% success rate of obtaining a reduction for our clients during the 2023 property tax protest season. While we cannot guarantee reduction results, we can share important average statistics from our past work. You can check out our blog to view more detailed information.
We advise you to be cautious with property tax protest providers that calculate estimated savings instantly or give you an estimate before actually researching your property. We view your property as more than another input into a mass algorithm. The reason you have to appeal your taxes in the first place is due to errors in mass algorithms. We are interested in carefully uncovering all the relevant details about your property to build a strong case to present to the appraisal district, which takes more time than an initial consultation.
Levels of Appeal
We take an aggressive approach to protesting your property taxes during all levels of the protest process. We utilize every legal avenue available in order to get you the best result. Our team attends all hearings and proceedings on your behalf, presenting only the best evidence to support a reduction.
Informal Hearing
Informal Hearing
ARB Formal Hearing
Informal Hearing
