Property tax appeal can be a daunting process, especially with so many questions swirling around in your mind.

We have compiled a list of common questions surrounding the Property Tax Appeal Process. These questions are mostly geared toward property owners in California, however, the same principles apply in most other states.

Understanding the Property Tax Landscape

Assessment Appeal Basics

What is an assessment appeal?

An assessment appeal is a formal request made by a property owner to challenge the assessed value of their property, with the goal of potentially lowering their property tax liability.

Preparing for the Appeal

I think my property value has decreased over the past year and is now lower than my assessed value shown on my tax bill. What should I do?

Begin by gathering evidence to support your claim, such as recent sales data of comparable properties, market trends, and any factors that could have contributed to the decrease in value. Next, file an assessment appeal application with your local appeals board or hearing officer, providing the necessary documentation to substantiate your case.

What information do I need to provide to support my opinion of value?

To support your opinion of value, provide relevant data such as recent sales of comparable properties, property appraisals, market trends, and any factors affecting your property's value, such as damage or depreciation.

Is it my responsibility to prove that the county assessor's value is not correct?

Yes, during your appeals hearing, the burden of proof lies with you, the property owner, to demonstrate that the county assessor's value is incorrect.

The Appeals Process

What are the functions of the appeals board or a hearing officer?

The appeals board or hearing officer is responsible for reviewing the evidence presented by both parties, the property owner and the county assessor, and making an impartial decision on the assessed value of the property.

When is the hearing officer's decision not final?

The hearing officer's decision is not final if either party files an appeal with the courts, challenging the decision within the specified time frame.

Representation and Authorization

Must I have legal representation for me at my hearing?

No, you are not required to have legal representation at your hearing. However, you may choose to have an authorized agent, such as a real estate appraisal firm, attorney, or accountant, represent you if you feel it is necessary.

I will have a real estate appraisal firm represent me at my hearing. Do I have to provide a specific name of a person to be the authorized agent?

It is advisable to provide the name of the person who will represent you on the assessment appeal application. However, if you are unsure of the specific individual, you can list the appraisal firm's name and update the information once the individual is confirmed.

Since I will have an agent representing my corporation, can my agent also sign the agent authorization section of the Application?

Yes, your agent can sign the agent authorization section of the application on behalf of your corporation.

I did not plan to have an agent represent me in my appeal when I filed the Application, thus I did not complete section 2, Authorization of Agent. I have now changed my mind. Should I submit an amended application?

No, you do not need to submit an amended application. Instead, provide a written authorization letter to the appeals board, designating your chosen agent as your representative.

Hearings and Decisions

I just filed an Assessment Appeal Application, when should I expect a hearing date?

Hearing dates may vary, depending on the workload of the appeals board. Typically, you can expect to receive a hearing date within several weeks to a few months after filing your application.

What do I need to do to prepare for my hearing?

To prepare for your hearing, gather and organize all supporting documentation for your case, rehearse

your presentation, and familiarize yourself with the appeals process and any procedural rules. You may also want to consult with your authorized agent, if applicable, to ensure you're well-prepared for the hearing.

What would happen if I forgot all about my hearing date and did not show up as scheduled? Can I request a new date?

If you fail to show up for your scheduled hearing without prior notice, your appeal may be dismissed. In some cases, you may be allowed to request a new hearing date if you can demonstrate a legitimate reason for your absence. It's essential to notify the appeals board as soon as possible if you realize you won't be able to attend your hearing.

If the county assessor and I have agreed on an assessed value prior to my hearing date, do I need to show up for my hearing?

If you and the county assessor have reached an agreement before the hearing, you may not need to attend the hearing. However, it's essential to inform the appeals board of the agreement in writing and request the cancellation of the hearing to avoid any potential misunderstandings.

Additional Questions and Changes

May I file for an assessment appeal at any time?

No, there are specific filing periods for assessment appeals. Check with your local appeals board or county assessor's office for information on the applicable deadlines in your area.

After I filed an Application, I discovered additional data that would support a lower value for my property than what I originally indicated on the application. Should I submit a new application?

No, you do not need to submit a new application. Instead, bring the additional data to your hearing and present it as part of your case.

I am unsure if I should designate my application as a claim for a refund, as asked on question number 8 on the application. What are the advantages and disadvantages of this?

Designating your application as a claim for a refund may enable you to potentially receive a refund of any overpaid property taxes if your appeal is successful. However, this may also increase the complexity of your case, as it may require additional documentation and procedural steps. Consult with a tax professional or your authorized agent to determine the best course of action for your specific situation.

What are written findings of facts? Do I need them?

Written findings of facts are a detailed explanation of the appeals board's or hearing officer's decision in your case, including the rationale behind the determination. While not required, requesting written findings of facts can be beneficial if you plan to appeal the decision further or if you simply want a clearer understanding of the outcome.

I still have questions regarding assessment appeals. Where can I find more information or who can I contact?

For more information on assessment appeals, consult your local appeals board or county assessor's office. Additionally, partnering with a professional firm like Paramount Property Tax Appeal can provide valuable guidance and support throughout the appeals process.

More about the Tax Appeal Process

The Backbone of Local Government Funding

Property taxes have long been a key component of local government funding, directly impacting the value and profitability of your commercial property investments. Like a finely tuned machine, property taxes rely on a mix of assessment and millage rates to determine the final amount you owe. With these rates constantly in flux, understanding the ins and outs of property tax appeals is crucial for protecting your bottom line.

The Whys and Hows of Property Tax Appeals

Reasons for Appealing Property Taxes

Commercial property investors may have a myriad of reasons for appealing their property taxes. It could be due to an inaccurate property assessment, an inequality in property tax burden, or even economic hardships that have thrown a wrench into your financial plans. Whatever the case, appealing your property taxes can offer a lifeline for your investments.

The Roadmap to a Successful Property Tax Appeal

1. Gathering Evidence: Build a solid foundation for your appeal by collecting relevant data, comparable property assessments, and market trends.
2. Filing the Appeal: Don't miss the boat on filing deadlines; timely submissions are crucial for a successful appeal.
3. Presenting Your Case: Master the art of negotiation, presenting your evidence with confidence and precision to secure the desired outcome.

Success Stories and Their Impact

Successful property tax appeals can have a ripple effect, benefiting not only your portfolio but also the commercial property market as a whole. By learning from the experiences of those who've walked this path before, you can ensure that your own property tax appeal journey is a smooth one, strategically safeguarding your investments.

Partnering with Paramount Property Tax Appeal

As a commercial property investor, you understand the value of a strategic partnership. Paramount Property Tax Appeal is your trusty ally in navigating the property tax appeal process.

If you have a property you would like to see if there is an opportunity to reduce your property taxes, fill out the form below and a representative will reach out to you to discuss your options. Our consultation is free, and our services are free until you receive a tax savings or refund.

No Refund = No Fee.