Property Management Blog

The Benefits of Protesting Your Properties Tax Assessed Value


Kevin Knight - Tuesday, April 3, 2018

Not many property owners are aware of the potential savings that can result by protesting your property tax assessed value.

The second biggest expense for homeowners, after the mortgage, is usually property taxes. With 30 to 60 percent of homes being over-assessed.

It’s possible to trim your property tax bill by appealing the value the taxman assigned to your home. That “assessed value” is what’s used to calculate how much tax you owe.

It is in your best interest as a property owner to protest your property’s assessed value. By not doing so you could be missing out on the significant benefits that come with a protest such as lowering taxes or lowering mortgage payments.

It’s important to keep in mind that reducing the assessed value of your home for tax purposes will not decrease your property’s resale or market value.

The good news is once you successfully contest the assessment, it is likely to stay the same in future years unless your home value continues to rise.

So you too can get access to the potential savings by protesting your property value, we are recommending local experts Property Tax Reduction Services who have been helping property owners fight their property taxes since 1996.

The best part is if they do not reduce your taxes you PAY NOTHING!

Your cost is only a portion of your tax savings if and when your taxes are reduced!

If you tell Property Tax Reduction Services that your Liberty Management owner they will give you a special discount off their regular fee.

Your deadline to file a protest is May 15, 2018!

For more information on their fee structure and how they can help save you money this tax season, you can give them a call at 210-523-5522 or email them at rick@saproptax.com.