To protect and preserve their right to fair and equitable property tax assessments, taxpayers should understand the fundamentals of Indiana’s assessment system and how to challenge excessive valuations. If you own real...more
Taxpayers in Indianapolis and Marion County, Indiana, may be in for an unpleasant surprise when property tax bills are mailed out in the coming days. Based on assessment data available on the Marion County Assessor’s website,...more
In its 2022 legislative session, the Indiana General Assembly eliminated important taxpayer protections against large property tax assessment increases by Indiana’s assessing officials. With these changes, a taxpayer is no...more
A little over two years ago, the COVID-19 pandemic fundamentally altered how we conduct business and go about our daily lives. Although day-to-day life is beginning to return to normal, the pandemic’s effects on business and...more
As many commercial and retail operators know, a transfer in California property interests may lead to a sizable increase in a taxpayer’s property tax liability. Specifically, while property values are capped under Proposition...more
Data confirm what Californians already know: Wildfires are getting worse every year, and the 2020 fire season has been the worst on record. If you own commercial or industrial property that has been damaged or destroyed...more
Given today’s unprecedented stress and uncertainty, multifamily property owners in Marion County, Indiana should explore all avenues that could help reduce their property tax bill. A little due diligence — and some informed...more
Owners of various types of commercial and industrial real estate are feeling the effects of an uncertain market. During a period of declining revenue and increasing expenses, property owners should carefully consider ways to...more
Property tax assessors often operate under the belief that a property’s sale price represents the best indication of that property’s market value, and thus should form the basis of its next assessment. Generally speaking,...more