5 Surprising Environmental Factors That Could Affect Your Commercial Property Assessment
5 Surprising Environmental Factors That Could Affect Your Commercial Property Assessment If you are looking to appeal your property taxes, your success will largely be determined by whether or not your commercial property is accurately assessed. However, a commercial real estate appraisal can be influenced by many factors, and the appraiser used by your local […]
Learn the Key Differences Between the Nassau County & Suffolk County Tax Grievance Processes
Learn the Key Differences Between the Nassau County & Suffolk County Tax Grievance Processes If you own commercial property on Long Island, it’s important to understand that the Tax Grievance process is not the same in Nassau County & Suffolk County. Some property owners own buildings in both counties, and it can save a lot […]
5 Crucial Reasons You Need to Appeal Your Commercial Property Assessment
5 Crucial Reasons You Need to Appeal Your Commercial Property Assessment At Realty Tax Challenge we encounter concerns from real estate property owners about the process of appealing their commercial property assessment that can be unfounded. We would like to address and ease these concerns by tackling five of the biggest misconceptions and myths that […]
5 Ways Big Data is Disrupting Real Estate – and How You Can Take Advantage
5 Ways Big Data is Disrupting Real Estate – and How You Can Take Advantage Big Data can seem complex and impenetrable, but it is important to understand the practical and useful ways that Big Data will change the real estate industry, and to stay ahead of the curve when it comes to its disruptive […]
Trends in Commercial Real Estate: Adaptive Re-Use Projects
Trends in Commercial Real Estate: Adaptive Re-Use Projects With the advent of what is being dubbed the ‘retail apocalypse’, millions of square feet of formerly-thriving retail space now sit empty. Landlords and developers are looking towards adaptive re-use to breathe new life into these buildings, drive profitability and offer new services to businesses and residents. […]
Is Sales Tax Dodging Responsible for the Death of Brick-and-Mortar?
Is Sales Tax Dodging Responsible for the Death of Brick-and-Mortar? Online retail has become a huge disruptor for traditional brick-and-mortar stores. The retail industry overall has experienced massive changes within the last 15 years, not least of which is the growing number of sales being handled online. Amazon in particular has become a major force, […]
Dark Store Tax Re-Assessments Save Retailers Millions on Property Taxes
Dark Store Tax Re-Assessments Save Retailers Millions on Property Taxes The strategy of re-visiting assessed retail property values known as “Dark Store” is taking off across the country. Commercial property taxes can be a huge cost for businesses. Some ‘big box’ retailers who feel that they have been over-taxed have used this strategy to win […]
The “Dark Store” Strategy for Commercial Property Assessments – What You Need to Know
The “Dark Store” Strategy for Commercial Property Assessments – What You Need to Know If you haven’t heard of the “Dark Store” tax strategy, you need to understand how this may affect your commercial property taxes. In this blog post, we break down this concept so you can understand this trend and how it works. […]
Governor Andrew Cuomo’s Proposal to Reduce NY Property Taxes
Governor Andrew Cuomo’s Proposal to Reduce NY Property Taxes NY Governor Andrew Cuomo has proposed a new plan to lower commercial and residential property taxes. His proposal involves giving county executive authority to meet with municipal leaders to discuss finding ways to share expenses and lower both costs and NY property taxes. Cuomo says that […]
Why You Should Hire a Property Tax Specialist to Appeal Your Commercial Property Taxes
Why You Should Hire a Property Tax Specialist to Appeal Your Commercial Property Taxes Up to 60 percent of the property in the United States could be overtaxed. Hiring a property tax specialist could save you hundreds (or even thousands) of dollars. One way to try to lower your property taxes is by hiring a property […]