property tax

property tax

property tax


Post number 3
Today I want to talk about the quiet "partner" who enjoys your profits: the province property tax Or in Hebrew The property tax.
Which increases every year in a pretty percentage that the municipalities in the country can only envy the Delta…
As a result of the blessed increase in property value, the county is taking advantage of this to increase its profits by issuing a mid-year document called Preparations for Annual Tax Payment.
In this document you find that your property has gone up a lot from last year and you will now be required to pay more to the county.
So it is a welcome increase in value, but the county estimate is inaccurate and is usually estimated at a few percent higher than the true estimate.

so what are we doing? Paying and accepting the increase? Most people yes but there is a solution to the issue and that is undermined. And in America like America there is a professional solution to money.
So in my first year as an innocent, I tried to challenge myself as an independent because you were given the option in the blue form that you sent but of course rejected and you had to pay more in the end.
Then in consultation with my broker and asset manager gives me an idea of ​​these companies.
These are professional appraisers who are doing a dissertation on the area, including Comes, etc. and what you save are charged 40%. Pierre Inf in my opinion.
Every year I save a few thousand in value, and as a result, hundreds of thousands pay less in taxes and thus you pay for the real increase in value.
It is important to note that if you paid and agreed to one year earlier, this will be the starting price that the property will value and you will not be able to appeal less.
Therefore, in my opinion, it is recommended from the first year and any property that is bought straight to use the services of these companies.
What is beautiful about the story is that the company is improving and no longer needs to turn again every year and they are already turning on your behalf automatically and all this without commitment.

So the next time you receive your mid-year payment email not to be taken for granted, look for these companies to help.
Costs between 40-50% of the annual fee savings. Suppose you save $ 1000 and will take 400 in aggregate. That is a lot of money that you have some assets.

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  1. I did it in New York. This is called Tax Grievance. Doing it now on the two buildings in Connecticut that I showed in the lecture. Can save thousands of dollars. In New York I downloaded 4000 dollars in taxes. The way it works is that you undermine the province. The county says not ready to download, because they know that the court limits the download to 25 percentage once every two years. Then the specialist company goes to court and shows Comps and convinces the judge. After two years, 25 is again made a percentage until you reach the market price of taxes. These are the laws in New York. Everywhere other laws.