Property Tax Appeal 2012

[Mike Welch]

I bought my first property in July 2011 which is now fully rehabbed and rented. I purchased the property as a short sale for significantly under the value the tax appraiser based 2011 taxes on.

I've read up the county's tax appeal process and know what steps I need to take.

I'm very interested in what experiences other investors have had when purchasing properties for far under county assessed value.

1) Do you regularly appeal the tax value on every property you acquire?
2) What information do you provide that has proven successful in acquiring a lower rate? Do you find tax appraisers responsive to detailed analysis of comps, for example?

I've searched past forum postings, and find this topic to be not widely discussed, and much of the information is pre-2008.

Your comments and experiences will be very welcome.