Property Tax Strategy
The instability in today’s real estate market creates the potential for wide variances in property tax valuations. This is why it is imperative for owners, managers and developers of large portfolios of commercial and residential property to actively monitor their property tax assessments. In both volatile and stable real estate markets, inaction is a silent tax that costs property owners and managers millions of dollars annually.
In market downturns, properties can receive a reduction in an assessed value while in rising and stable markets, new assessments for properties can be negotiated to achieve significant tax savings, often without having to pursue a formal appeal.
Our tax team works to identify and pursue opportunities to minimize property taxes through the following services:
- Portfolio acquisition evaluation
- Change of ownership analysis
- Pro-active portfolio monitoring
- Avoidance of double assessments
- Assessment appeals
- Exemption identification
- Possessory interest valuations
For more information about how DZH Phillips can help with your property tax strategy, please contact Gary Phillips.
Strategic Partners
Download Brochure
Contact Us
For general inquiries about DZH Phillips Consulting Group, please contact us at the following:
T (415) 781-2500
E cpas@dzhphillips.com
