Month: October 2009
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Your Burden to Prove
If you’re considering appealing your property taxes, you need to understand that your property taxes cannot be reduced directly. Instead, the way your taxes are reduced is by reducing the value at which your property is assessed. What this means is that you, as a taxpayer, have the burden to prove that the assessed value…
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Petition & Comparable Sales
Generally an appeal of your property taxes begins when you file a petition with the county of the town where your property is located. That generally is done by April 1 of each year, although sometimes the deadline is pushed to May 1 of the tax year if your town has undergone a municipal-wide reassessment.…
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Appeaiser’s Report & Testimony
Another method to figure out the proper assessed value of your home is by using an appraiser. An appraiser will look at the history of sales and, at comparable sales, will formulate an opinion, and will come up with a market value based on the information that he has. An appraisal report will be very…
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Appeal to County & State Tax Board
What happens if, after the tax board makes the decision, you feel that its decision was wrong? The taxpayer has 45 days, after receiving the decision, to appeal. An appeal requires that you first file with the county tax board. If you feel that you are unsatisfied with that decision of the county tax board,…
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Residential & Commercial
When you file an application – or petition – for a primary residence, or a residential property, typically the market information you would use is prior sales data or data regarding prior sales of properties comparable to your subject property. In the case of commercial properties, not only do we look at comparable sales of…
