News & Analysis as of

Property Owners Property Tax Reassessments

Tucker Arensberg, P.C.

State Supreme Court Decision Results in Continued Taxing Body Appeals

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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

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

Saul Ewing LLP

New Castle County Reassessment Process Moving Along

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New Castle County has announced that the firm conducting its countywide reassessment is now out in the field and inspecting properties, including commercial, office, and other non-residential properties. The goal is to...more

Faegre Drinker Biddle & Reath LLP

Philadelphia’s First City-Wide Reassessment Since 2019 Presents Opportunities for Relief

A little over two years ago, the COVID-19 pandemic fundamentally altered how we conduct business and go about our daily lives. Although day-to-day life is beginning to return to normal, the pandemic’s effects on business and...more

McNees Wallace & Nurick LLC

Philadelphia Reassessment Update

The City’s Office of Property Assessment is planning to post the results of reassessments of all properties in Philadelphia by Monday, May 9, 2022....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

Clark Hill PLC

2021 Is a Reassessment Year for Properties in the City of Chicago

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For 2021, the Cook County Assessor’s Office has begun the reassessment process for all properties located within the City of Chicago. In Cook County, townships have been divided up into three separate groups and each group is...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

Davis Wright Tremaine LLP

Time Is Ticking: Changes to California's Parent-Child Property Tax Reassessment Exclusion Take Effect February 15

California voters approved Proposition 19 in November 2020, which updates California's long-standing property tax reassessment rules. There are two major provisions of Prop 19....more

Farella Braun + Martel LLP

Prop. 19 Passed, Here Is What You Need to Know

Proposition 19, which passed last month, has important consequences for all real property owners in California. It is important to act quickly before Proposition 19's effective date of February 16, 2021. Proposition 19 has...more

Manatt, Phelps & Phillips, LLP

Prop 19 to Significantly Restrict Family Transfer Exclusion From Property Tax Reassessment

On November 3, 2020, California voters approved Prop 19, which will make several changes to the state’s property tax laws. Among these changes are new restrictions on the applicability of the...more

Greenberg Glusker LLP

Proposition 19 Set to Limit Ability to Transfer California Real Property Between Parents and Children Without Property Tax...

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California Proposition 19, which appeared on the November 3, 2020, ballot, appears likely to pass. The measure currently has a 51.1% “Yes” vote, although all votes have not been counted and the results of the election have...more

Haynsworth Sinkler Boyd, P.A.

Property Tax Relief Available For Those Who Missed The January 31st Filing Deadline

The sale of real property and certain other transactions in South Carolina subjects the real property to a reassessment for ad valorem property tax purposes (an “assessable transfer”). This reassessment of real property can...more

Franczek P.C.

Cook County Assessor Effectively Reassessing Entire County Due to Coronavirus

Franczek P.C. on

On Friday, The Chicago Sun-Times reported that Cook County Assessor Fritz Kaegi is moving to send notices to all property owners in Cook County regarding the effect of the coronavirus on property owners.  Reassessment notices...more

Tucker Arensberg, P.C.

Commonwealth Court Decisions Allow Taxing Bodies Discretion In Determining Standards For Tax Assessment Appeals

Punxsutawney Area School District v. Broadwing Timber, LLC, 1209 C.D. 2018 (Pa. Commw. Ct., October 29, 2019) - Since the Pennsylvania Supreme Court’s recent decision in Valley Forge Towers Apartments N, LP v. Upper...more

Farrell Fritz, P.C.

Real Property Tax Alert - September 2019

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Nassau County Class 4 Commercial Property – Disputed Assessment Fund (“DAF”) Program Continues with 2018/19 bills - All Class 4 commercial properties now fund potential property tax refunds by contributing to the DAF. The...more

Lowndes

2019 TRIM Notices Have Been Issued!

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Over the last week or so, all 67 Property Appraisers in Florida have mailed Truth in Millage (TRIM) notices to all property owners around the state, indicating 2019 valuation for each property. These notices have either been...more

Ballard Spahr LLP

Court Reverses Philadelphia's 2018 Assessment of Many Commercial Real Properties

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In Duffield House LP v. City of Philadelphia–a case involving assessment appeals by approximately 700 owners and lessees of commercial and industrial properties in the City–Philadelphia County Court of Common Pleas Judge Gene...more

Clark Hill PLC

Cook County - City of Chicago Triennal Reassessment for 2018

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The 2018 Reassessment for the City of Chicago is now underway. Since 2009, the property tax rate has risen from 4.6 percent to 7.1 percent, resulting in an increase of tax payment to about $7.10 for every $100.00 in...more

Buchalter

A Once in a Lifetime Opportunity to Reduce a Property’s Taxes: A Supplemental Notice of Value

Buchalter on

In the next few weeks, county assessors throughout Arizona will issue supplemental notices of value for the 2018 tax year. Supplemental notices are issued when there is new construction or additions, parcel splits or...more

K&L Gates LLP

Last Call for 2017 Allegheny County Tax Assessment Appeals

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The property tax appeal deadline for Allegheny County is quickly approaching. All appeals must be filed on or before March 31, 2017. Under the right circumstances, a property tax assessment appeal can save your business...more

McNees Wallace & Nurick LLC

Commonwealth Court Opinion Contains Important Lessons for Property Owners

On January 23, a panel of the Commonwealth Court in Krohn v. Snyder County Board of Assessment Appeals, Nos. 116 and 117 C.D. 2012 (January 23, 2013), overturned an attempt by Snyder County to reassess a two acre tract of...more

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