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Updated 11 months ago on . Most recent reply

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8
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Mike Clary
  • New to Real Estate
  • Northern Kentucky
3
Votes |
8
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Do You Hire Property Tax Professionals?

Mike Clary
  • New to Real Estate
  • Northern Kentucky
Posted

I'm a newbie in the RE investing world, but I've been working in the world of property tax for 17 years. Just wondering if property owners here retain property tax consultants or attorneys to help fight increased assessments, classification changes, or other issues with their property?

Most Popular Reply

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2,990
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3,109
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Corby Goade
  • Investor
  • Boise, ID
3,109
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2,990
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Corby Goade
  • Investor
  • Boise, ID
Replied

@Mike Clary Agree- tax issues are hyper local, which is why I said it wasn't worth it in my case. 

Property taxes are relatively low in my area. The one time we fought it, we got a reduction of approx 10% in assessed value, which worked out to an annual savings of about $200. 

The amount of time and effort that went in to the process was worth far more than $200. It wasn't a good use of time or resources. 

  • Corby Goade

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