Fulton County Board of Equalization, “Virtual, Paperless, Appeal”

I had the pleasure of experiencing my first “virtual” appeal at Fulton County earlier this week. I showed up and went in the hearing room and the appraiser didn’t have a file or any paper. She pulled up a spreadsheet on a 15″ computer monitor and it had three comparables on it. I couldn’t see the addresses, I couldn’t see the neighborhood number, I couldn’t see anything and neither could the board members. She finished her presentation, which was basically pulling up that sheet and recommending a “no change” in the value. I got to present my appeal, on paper and then went back and asked the appraiser to pull up the spreadsheet and asked her to recite the values, square footages, sales prices, sale dates, etc. Two of the three comparables she selected, made my case for me, but again, the county wouldn’t budge and of course the three dolts sitting across the table agreed with the mighty assessor’s office. I’ve been doing appeals for 20 years now, and I’ve probably done over 2,000 appeal hearings in person, and If I, a professional, can’t get a reduction at the board, then the average homeowner won’t have a chance. The Fulton County assessor’s office has figured out that if they do these appeals “virutually”, they won’t have to make copies, won’t have to make a presentation and they can basically cut and paste all of their appeals on the computer and they can recommend a “no change” to the board and unless one takes the time to divide out the values and sales per square foot, then they win. From now on when I go in the board hearing room, I will make the appraiser blow up the screen so I can see it, and I will make him or her give me neighborhood numbers, addresses, sale dates, tax values, sale prices, square footages, year builts, etc. and I’ll have to make a hand written spreadsheet right there so I can see what I’m up against. The hearings only last 15 miunutes, but If we can’t see what we are fighting for, then this isn’t going to fly. I’d like to hear more about anyone elses experience regarding this matter. Also, if anyone needs assistance with their tax appeal, please contact me, Rob Vinson, The Vinson Group, Inc. 404-218-7874, or email me at info@taxappealatlanta.com or http://www.taxappealatlanta.com.

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Fulton County Property Tax Assessment Notices, Fulton County Property taxes

Fulton County mailed out their annual property tax assessment notices this week. The deadline to appeal is July 21, 2014. If anyone feels that his property is overvalued / over assessed for tax purposes, please contact me at info@taxappealatlanta.com or call me, Rob Vinson, at 404-218-7874. I’ll conduct a free analysis and let one know whether it’s worth hiring me to do the appeal. I have 20 years experience appealing tax assessments and have saved my clients millions of valuable tax dollars throughout my career.

The 2014 Dekalb County assessment notices are out

The deadline to file real tax appeals, in Dekalb County, GA, is July 14. If you feel like your property is over assessed / valued for property tax purposes, contact me for a free analysis. I’ll let you know if it’s a fair value or not. Call me, Rob Vinson, at 404-218-7874 or email me, info@taxappealatlanta.com or check out my website at http://www.taxappealatlanta.com.

Cobb County 2014 Tax Assessment Notices are out.

Cobb County mailed out their 2014 real estate tax assessment notices on April 18, 2014. The deadline to file an appeal is June 2, 2014. Cobb County is a difficult place to obtain a reduction in a fair market value and I highly suggest hiring a professional, like myself, or another tax rep to represent you regarding your property tax appeal. I’ve got 20 years experience appealing assessments and if I feel like I can help you, I will. Please contact me at 404-218-7874 or email me at info@taxappealatlanta.com and I’ll review your situation and let you know if it’s worth hiring me to do it for you. Please visit my website at http://www.taxappealatlanta.com for additional information. Thanks.

When buying real property, the sale price affects the property taxes one pays

When one purchases a property, if it is after January 1 of whatever tax year, the owner name of record as of January 1 will receive the assessment notice and the property tax bill.  If a buyer closes out on the property say February 28 of that tax year, the seller is responsible for the first two months worth of taxes and the buyer is responsible for the rest of the year’s property taxes, which will be 10 months.  The lawyer’s office will prorate all of this out and it will be listed on the HUD closing sheet. 

Let’s say that the property the buyer is purchasing is a house that sells for $600,000.  And let’s consider that the seller, had bought the house a couple of years earlier for $400,000 and then renovated the kitchen and the bathroom, and at the time of the sale, his fair market value for tax purposes was $400,000.  After the buyer pays $600,000 for that house, the following year, his or her tax value / assessment is going to be put at the sale price, so his or her taxes are going to increase fifty percent. 

Many people don’t do the due diligence when buying property, and then once they go to the closing and see that the taxes are “X” amount, they figure that the taxes will stay that amount and then all of a sudden the following year, they have to come up with the additional money for the taxes. So be sure and look up the tax value of whatever property one is buying and take in to consideration that the county assessor’s office will pick up the sale and place the tax value at the sale price.

If anyone has any questions or comments about property taxes, or property tax appeals, please email me at info@taxappealatlanta.com or call me, Rob Vinson, at 404-218-7874.  Also, check out my website at www.taxappealatlanta.com

 

2014 Gwinnett County Assessment notices are out.

The 2014 Gwinnett County real property assessment notices were mailed today. May 19, 2014 is deadline to file appeals. If you would like professional representation regarding this matter, please contact me via email at info@taxappealatlanta.com or call me, Rob Vinson at 404-218-7874. Also visit my website at http://www.taxappealatlanta.com. Thank you.

Douglas County GA Tax Assessors, Douglas County GA Board of Assessors

I filed two appeals in Douglas County for tax year 2013. I don’t work there very often and hadn’t had an appeal there in ten years, until filing those two appeals last year. I finally had one of the 2013 real tax appeals, on a small retail strip center, on February 4, 2014. I was able to get the fair market value reduced at the Douglas County Board of Equalization. I was able to get the fair market value reduced from $998,000 to $750,000 based on the income approach to value. The Douglas County assessors don’t employ the income approach to derive their commercial values, even though it is 2014, and even though most other metro county assessor’s offices use that approach. No, Douglas County is in the stone age and uses the cost approach to value its’ properties and occassionally they will use the sales approach. After I conducted the board of equalization hearing, and won it, I saved my client $3,800.00. About a 24% reduction in the 13′ fair market value, meaning they will be receiving a refund too. Well, last week, the Douglas County Board of Assessors filed our results to court. They have the right to do so, just like the taxpayer does as well, but this is the first time in 20 years of doing tax appeals that a county has filed suit on the results of me obtaining a reduction in the value at a board of equalization hearing. So the chief appraiser called me after I left him a message last week and mentioned that the next step is that their attorney would be mailing me a letter to set up a hearing for mediation and that hopefully this could all be amicably worked out without going to court. I bet so…after asking around to some of my colleagues, Douglas County has been doing this for years when it loses at the board of equalization and they do this to re-coup some of the fair market value on the real estate, thus bringing in more tax money….to pay for the taj mahal county office buildings and improvements they erected prior to the real estate market going in the tank. So, now I’ll have to go through with this process and see where it takes me. I’m inclined not to work out the value and I’m inclined to have a 12 man jury trial in Douglas County, to expose the bully attitude of the assessor’s office. Surely the courts could be better used for matters other than real estate tax appeals. If anyone has had the same thing happen to them in Douglas County, I’d like to hear about it. Please email me, Rob Vinson, info@taxappealatlanta.com, or call me at 404-218-7874 to further discuss it. Also, 2014 real estate assessment notices will be out in the next few months. If you would like for me to analyze your property tax situation for free, please contact me. Thank you!