3 Easy Way to Lower Property Taxes

1. 3 Easy Ways To Lower Property Taxes H o t e l P r o p e r t y Ta x C o n s u l t a n t www.hotelpropertytaxconsultant.com

2. Challenge Your Assessment There are two parts to your tax bill There are two parts to your tax bill Assessed value of your home Property and the actual tax rates While you can't do anything about the tax rates of local services such as schools, towns and fire departments, you can contest your assessed value. Your home's assessed value isn't necessarily what it's worth on the open market. If they've recorded your home as having two full baths when you only have 1.5 baths, that will lower your home's value.

3. Appeal if your assessment is wrong There can be a lot of debate on what constitutes "MARKET VALUE." Your home may have some significant structural or maintenance issues or be across from a factory. If you don't agree with your assessment, then you have a right to appeal on the country and state level. Keep in mind that you need to compare your home to similar homes in your area.

4. Check if you qualify for discounts Most assessors give you a "Homestead Exemption" just for living in your home. Veterans or senior citizens also may get lower assessments. Check with your county or local assessor to see what discounts apply. If your assessment record doesn't include them, then update your assessment.

5. H o t e l P r o p e r t y Ta x C o n s u l t a n t To know more information visit www.hotelpropertytaxconsultant.com