Unlock Savings by Appealing Your Company's or Client's Property Taxes

Wow, have you stopped to think about your company's or client's property taxes and the advantage of unlocking hidden savingswhile offsetting lower valuations in today's economy? There's a fair number of property tax experts in the CoreNet Global membership. Anne Joyner Sheehan, CRE, MAI, is one of them.

"Take a tip from several of the country's leading real estate investors, corporate owners and asset managers: proactively reduce your property tax liability by appealing your assessments," says Sheehan, Chief Executive Officer of Real Property Tax Advisors.

She points out that achieving a tax savings of $150K offers the same result as adding $1M in revenue at a 15% net profit. It is easier than you think if you align with the right partner, and the reward can be substantial. A successful appeal and reduction of your property tax assessment can sometimes yield savings for multiple years. 

Anne Joyner Sheehan

"For real property, there are several very effective ways to present the loss in value that commercial properties have experienced over the last four years to maximize the reduction from a jurisdiction," advises Anne.

Click here to see Anne's recent Member Viewpoint on this under-recognized way to add value and increase cash flow.