Property Tax Appeals

If your property is overvalued by the tax assessor, Duggan Property Services will step in to file an appeal and manage the entire process on your behalf. With a focus on thorough research and accurate valuations, we ensure that your property’s assessed value is fair and equitable. Our team of experts will analyze the assessor’s valuation, gather relevant data, and prepare a strong case to challenge any discrepancies. We keep you informed at every stage, offering professional guidance and support throughout the process.

Our commitment to achieving the best possible outcome means we work tirelessly until a fair and reasonable value is established. We handle everything from initial filings to negotiating on your behalf, and, if necessary, representing you at hearings. Our extensive experience across numerous jurisdictions allows us to navigate all the complexities of property tax laws, ensuring you benefit from accurate assessments and reduced tax burdens. Let us take the stress out of property tax appeals so you can focus on managing your business.

How does the Commercial Property Tax Appeal process work?

Commercial property tax appeals are a formal process where property owners challenge the assessed value of their property in an effort to reduce their tax burden. Understanding this process can help property owners effectively challenge over-assessed values, potentially leading to significant tax savings.

The process can vary by jurisdiction, but it generally follows these key steps:

  • Property owners receive an assessment notice detailing the property’s assessed value.
  • Carefully review this notice to determine if the assessed value accurately reflects the property’s market value.

Common reasons for appeal include:

  • Overvaluation — The assessed value exceeds the property’s market value.
  • Errors in Property Data — Incorrect information about the property (e.g., size, condition).
  • Inequity — The property is assessed higher compared to similar properties in the area.
  • External Obsolescence — Market downturns or changes in property income affecting value.

To substantiate the appeal, collect evidence such as:

  • Comparable Sales Data — Information on sales of similar properties with lower values.
  • Income Statements — Financial records showing reduced rental income or increased vacancies.
  • Property Condition Reports — Documentation of structural issues or needed repairs that lower value.
  • Research the Sub-Market — The process of analyzing market conditions to identify trends and opportunities.

  • Submit the appeal to the appropriate local tax authority within the specified deadline, often 30 to 90 days after receiving the assessment notice.
  • The filing typically involves a formal appeal form, supporting documentation, and sometimes a filing fee.

  • An informal hearing may be held where the property owner or their representative presents the case and evidence to the assessor.
  • If the assessor agrees with the evidence, they may adjust the assessment without further action.

  • If unresolved informally, the appeal proceeds to a formal hearing before a local tax appeal board or review panel.
  • Both the property owner and the assessor present evidence and arguments.
  • The review board considers the evidence and issues a decision.

  • The board issues a written decision, which may reduce, maintain, or (rarely) increase the assessed value.
  • The decision typically takes effect for the current tax year but may apply in the next reassessment.

  • If dissatisfied with the board’s decision, the property owner may appeal to a higher authority, such as a state tax tribunal or court.

  • A successful appeal results in an adjusted assessed value, leading to a lower property tax bill.
  • The savings may be for one year, or several, depending on the local revaluation schedule and other factors.
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Property Tax Estimates

Tax Bill Administration

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Furniture, Fixtures, & Equipment (FF&E)