December, 2010

Los Angeles County Gas Station Reduction

Today we had a hearing officer appointment in Los Angeles County on a Gas Station in Los Angeles. The station was purchased in 2007 for over $1,700,000. The store had very high sales in 2008 and we were appealing the 2009 value. Through our knowledge of the gas station business given our own experience in operations and fuel distribution, we were able to secure a reduction of $1,250,000. Yet...

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