$186,000 SAVINGS BACK TO COMPANY’S BOTTOM LINE

Highlights

We fight for our clients. At Paramount Property Tax Appeal, we believed the taxable value of this 87,000 SF Industrial building was $5.2 million.  The Assessor was taxing the owners at $13 million. We negotiate with the county to lower the value they would only recommend a reduction of $8 million. The Assessor told us to accept this offer, or they would go to the Board of Appeals and argue a value of $9 million. We called their bluff, and then proceeded to the Board presenting out case.

Result: we were able to secure a reduced value to $5.5 million resulting is a savings of $93,000 for our client. We assumed responsibility for their 2012, 2013 property tax appeal. The total assessed value was over $13 million Overall, we saved this client $186,000.

 

Success