Property Tax Reduction

San Bernardino Retail Property Tax Reduction

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...

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LA County Property Tax Reduction

LA County Property Tax Reduction

Yesterday we attended a hearing before the board of appeals on a fast food restaurant (major chain) in Los Angeles County. By showing that the reduced rent paid by the tenant towards the end of the lease, and that this particular chain was inferior to other top brands, we were able to secure a reduction in the property tax assessment for the 2010 fiscal year from $1,556,900 to $850,000....

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San Diego County Property Taxes

San Diego County Property Taxes

After receiving and reviewing our application for changed assessment filed with San Diego County, we were offered a stipulation on a parcel of vacant residential land in La Jolla. The parcel was originally assessed at $1,385,000 and we were able to accept a reduction to $1,000,000 saving our client over $4,000 in property taxes in one year!

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San Joaquin County Reduction

San Joaquin County Reduction

This is a very unusual property and all but impossible to value using comparable sales. The property consists of about three and a half acres and a collection of hotel type buildings, duplexes, cottages, travel trailers and mobile homes. The enrolled value was over $1.2 million dollars. Our agent determined...

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San Bernardino County Hotel Reduction

San Bernardino County Hotel Reduction

Today we achieved a 2010 decline in value property tax reduction on a hotel in Ontario, San Bernardino County. The assessment for the 2010 fiscal year was $3,304,182. After working with some comparable sales and analysis of the income, we were able to reduce the property tax assessed value to $2,750,000, or $50,000 per room. This is a savings to our client of around $5,500 for a single year!

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