News & Analysis as of

Tax Assessment Commercial Property Owners

Tucker Arensberg, P.C.

Allegheny County Moves Tax Appeal Deadline to October 1 - Limited Time for Assessment Relief

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In Allegheny County, tax appeal season has already begun for 2025. For every tax year, County property owners have the ability to file an assessment appeal. ...more

McNees Wallace & Nurick LLC

Pennsylvania Real Estate Annual Assessment Appeal Deadlines Are Quickly Approaching for Tax Year 2025

Pennsylvania real estate taxes are usually very large line items on any corporate balance sheet. Accordingly, you should be reviewing your assessed value(s) on an annual basis if you are a Pennsylvania commercial or...more

Williams Mullen

Industrial Owners Seeking Fair Tax Treatment Should Differentiate Personal Property From Real Estate Values

Williams Mullen on

North Carolina taxes both real estate and personal property, but differing valuation schedules and processes for the two types can lead to confusion and inflated tax bills for industrial property owners. Understanding how...more

Tucker Arensberg, P.C.

School District Real Estate Assessment Appeals Rejected if Not Done on Uniform Basis

Tucker Arensberg, P.C. on

Downingtown Area School District v. Chester County Board of Assessment Appeal, 2023 Pa. Commw. LEXIS 161 (Pa. Commw. Ct. October 6, 2023). Commonwealth Court rejects assessment appeal despite school district-established...more

Fox Rothschild LLP

Tax Appeal Filing Deadline Approaching: Review Your Philadelphia Property Tax Assessment

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If you are the owner of a commercial, industrial, retail, office, residential or other property in Philadelphia, now is the time to review the tax assessment for your property against its current market value. Today’s economy...more

McDermott Will & Emery

Managing Commercial Real Estate Taxes in California’s Challenging Market

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Without a doubt, it is difficult to find something upbeat about California’s current commercial real estate market. Property owners, economists and appraisers all agree that the market is facing one of the most challenging...more

McNees Wallace & Nurick LLC

Annual Assessment Appeal Deadlines in Pennsylvania are Quickly Approaching

With large drops in common level ratios throughout Pennsylvania’s 67 counties from last year to this year, commercial or industrial property owners should be reviewing their assessed values for potential reductions for the...more

Tucker Arensberg, P.C.

State Supreme Court Decision Results in Continued Taxing Body Appeals

Tucker Arensberg, P.C. on

GM Berkshire Hills LLC v. Berks County Board of Assessment (2023 Pa. LEXIS 272, February 28, 2023) – – Split Supreme Court Ruling Enables Taxing Body Assessment Appeals Based on Recent Sales to Remain - Counties, schools...more

Obermayer Rebmann Maxwell & Hippel LLP

Could A Tax Assessment Appeal Save You Money? If so, you Must Act Now!

The system of real estate taxation in Pennsylvania is quite complex, resulting in many owners of commercial, industrial, or residential properties paying more than their “fair share” of real estate taxes. ...more

Goodwin

Landmark Decision Regarding California Property Taxes: What Owners of California Hospitality Assets Should Know

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The California Court of Appeal (Second Appellate District) published a landmark decision on April 7, 2023, that may have significant implications for the property tax assessments of qualifying California hospitality assets...more

Tucker Arensberg, P.C.

Lower 2023 Ratio, Court Case on 2022 Ratio, Extended Appeal Filing Period - New Opportunities for Lowering Your Property Tax...

In Allegheny County, tax appeal season has begun for 2023. Every year, County property owners have the opportunity to file an assessment appeal.  But this year there are unique opportunities for an assessment reduction....more

Pierce Atwood LLP

Now is the Time to Appeal Excessive 2022 Rhode Island Commercial Property Tax Assessment

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January 31, 2023 is the first of several deadlines that must be met in order to appeal your excessive property tax assessment. If you miss it, you will be foreclosed from bringing an appeal, or even effectively arguing that...more

Parker Poe Adams & Bernstein LLP

What Businesses Need to Know About the 2023 Mecklenburg County Tax Revaluation

Businesses that own real estate in Mecklenburg County should be on the lookout for an increase in their tax bills next year. Real estate is often a company’s most expensive asset, and annual property taxes can be a hefty sum....more

Womble Bond Dickinson

South Carolina’s Alphabet Soup: ATIs and FILOTs after South Carolina’s Tax Code Amendments

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When South Carolina properties are sold directly, or indirectly via the sale of equity in the property-owning entity, the sale typically qualifies as an assessable transfer of interest or an “ATI.” An ATI allows County tax...more

Obermayer Rebmann Maxwell & Hippel LLP

Time to Act If You Want to Challenge Philly’s New Property Values

​​​​​​​If you own property in Philadelphia, you should have received a notice from the Office of Property Assessment (OPA) by now informing you of the new assessed value for your property. If you have not received the notice...more

Womble Bond Dickinson

Why You Still Need Fee in Lieu of Tax Agreements

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At the conclusion of this year’s legislative session, the South Carolina General Assembly passed The Comprehensive Tax Cut Act of 2022 (the “Act”). Among a number of other significant tax changes, the Act effectively...more

Buckingham, Doolittle & Burroughs, LLC

Ohio Real Property Tax – Ohio severely restricts school districts’ rights to challenge property values

Recently-enacted HB 126 significantly alters the rights and procedures for local school districts (among other government entities) to contest property valuations for real property taxes. The changes described below will...more

Farrell Fritz, P.C.

Nassau County Commercial Real Property Tax Alert

Farrell Fritz, P.C. on

Annual Survey of Income and Expenses – ASIE-2021Pursuant to the Nassau County Administrative Code, Section 6-30, the Nassau County Department of Assessment (“the Assessor”) is requiring the submission of 2021 financial data...more

Farrell Fritz, P.C.

Long Island Real Property Tax Alert - February 2022

Farrell Fritz, P.C. on

February 10, 2022 Nassau County Assessment Grievance Filing Deadline Extended to April 30, 2022. The last day to file a grievance to protest the real property tax assessment, which will determine your 2023/24 School and 2024...more

Pierce Atwood LLP

Now is the Time to Appeal Excessive Rhode Island Commercial Property Tax Assessment

Pierce Atwood LLP on

January 31, 2022 is the first of several deadlines that must be met in order to appeal your excessive property tax assessment. If you miss it, you will be foreclosed from bringing an appeal, or even effectively arguing that...more

Farrell Fritz, P.C.

Long Island Real Property Tax Alert - September 2021

Farrell Fritz, P.C. on

Pandemic Related Changes to the Property Tax System Have Been or Will Be Restored Last year, grievance filing deadlines and tax due dates were changed by nearly every jurisdiction to suit the circumstances. Most, if not all...more

Ballard Spahr LLP

Philadelphia Suffers Big Uniformity Loss in Commonwealth Court Tax Ruling

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The Pennsylvania Commonwealth Court (in Duffield House, L.P. v. City of Philadelphia - available here) unanimously held that the City’s reassessment of only commercial real estate (not residential real estate) in 2018...more

BakerHostetler

[Podcast] The Latest in the World of Property Tax

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Listeners in the property tax world have been clamoring for an update. Here is the latest in property taxes: pandemic implications, dark stores, intangibles, and more. Dave Ebersole joins Matt Hunsaker in the virtual studio...more

Faegre Drinker Biddle & Reath LLP

Don’t Get Overtaxed: A Guide to Colorado Property Taxes and Appeals in 2021

The pandemic has upended industries across the globe. And while federal and state governmental programs have generously provided aid to certain individuals and corporate entities, such aid currently does not relieve taxpayers...more

Faegre Drinker Biddle & Reath LLP

Frequently Asked Questions Relating to Your 2021 Colorado Commercial Property Taxes

Spring is in the air, and while for most people, that means budding tulips and birds chirping, for us real property tax lawyers, that means assessment time. Property owners in Colorado will receive their 2021 real property...more

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