San Bernardino Retail Property Tax Reduction

Posted on May 14, 2012 in County, Follow Our Work, Retail, San Bernardino County Property Taxes

San Bernardino Retail Property Tax Reduction

We were contacted by a property owner in San Bernardino County who had filed a 2010 application for changed assessment on a vacant retail building. We received our agreements back on April 30th, to handle her 2010 appeal which was scheduled for May 16th. The building was occupied by a national video rental chain that went bankrupt some time back. The property has been listed for lease and sale for two years now.
The County sent this property owner a survey to fill out and explain the income and reason for appeal. Even after knowing the property was vacant, they failed to help the owner with the assessment; clearly it was over assessed at $1,430,753!
On May 4th, just 5 days later, we had worked out a reduction to the property tax assessment to $750,000 – almost 50%!
Unfortunately, Counties don’t tend to work with property owners. Rather, the system almost seems designed scare them into not showing up for a scheduled hearing. Sad, but seemingly true!


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