Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 15 years ago,

User Stats

64
Posts
4
Votes
Michael S.
  • Real Estate Investor
  • Paramus, NJ
4
Votes |
64
Posts

Success with appealing taxes??

Michael S.
  • Real Estate Investor
  • Paramus, NJ
Posted

I would like to hear about your success and or failure to get a lower property assesment. I am looking at a fourplex that has insane taxes for the area it is in. It's current taxes are about $8600, . I am told that the current owner had them lowered from 10k. Similiar properties are being taxed around 4k. The realtor said" You should be able to have it lowered about 1500 if you ask for a reassement". Even if I would be succesful in lowering it 1500, it still is too high.

I know I can go appeal the taxes myself, but am wondering if I would be more succesfull with profesional help. Are there lawyers that special in this? Can anyone recommend a strategy to
hat would almost guarantee a serious reduction for these property taxes ? I am hesitant to move forward with this big unknown.

Loading replies...