Reduce Property Taxes

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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Los Angeles House Reductions

Los Angeles House Reductions

As stated in the prior post, we had a huge day in Los Angeles for a number of clients. Due to our filed application for changed assessment, we had hearing officer appointments for an entire day in Los Angeles County and below is what we were able to do for our clients with Single Family Residences: From $778,594 to $750,000 - Property Tax Savings of $300 From $650,200 to $617,000 - Property Tax Refund due of $350 From $814,066 to $700,000 - Property Tax Reduction of $1,200 From $650,000 to $500,000 - Property Tax Refund due of $1,600...

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Los Angeles County Property Tax Reductions

Los Angeles County Property Tax Reductions

We had a big day late last month in Los Angeles County resulting in many reduction for our clients. Below is list of the property tax reductions were able to achieve through our hearing office appointments resulting from our filed applications for changed assessment: Office Building: From $1,448,000 to $1,000,000 - Savings of over $4,500! Retail: From $2,420,000 to $1,700,000 - Refunds to our client of over $7,200!......

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Orange County Industrial Reduction

Orange County Industrial Reduction

This property is a large industrial building on a few acres of land. At first glance, the property appeared to be well below value. In 2009, the assessment was at $10,400,000 and we were able to prove a reduction to $8,800,000. In 2010, it was solidly performing and any other property tax agent would have done a search for some comparable sales and realizing it was already reduced 20% would probably...

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Application for Changed Assessment

Application for Changed Assessment

You’ve probably seen it mentioned throughout our posts: application for changed assessment. This is what is commonly referred to as the “appeal” or “protest form.” The application for changed assessment is what must be filed with the County Assessor’s office to formally appeal your property’s assessed value. And the reason we’re writing about it...

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