Many local governments are seeking increases in property tax for commercial via value-in-use taxation. But this isn’t such an advisable step considering the costly changes in the assessment process and the inequities that result. These issues have their greatest impact on commercial property owners. 

In the property assessment appeals process, the Gwinnett County Tax Assessor usually has the spotlight shone on his office during the first few steps.  But there are several other official bodies in the appeals process that every property owner and taxpayer should get acquainted with, so to speak. Here are the three most important bodies.

If the 2016 property tax increase is anything to go by, property owners and taxpayers in DeKalb County will likely be in for another sticker shock in their 2017 annual assessment notices. The county authorities, including the Board of Assessors, Board of Equalization, and Superior Court, may experience an increase in the number of appeals being filed.

While it may already be the 2017, you are well-advised to know more about the changes to the Gwinnett County property tax process brought by the approval of House Bill 202. Keep in mind that with tax laws being as complicated as these are you should work with an experienced property tax consultant. Here a few pieces of information that you can use in 2017 and beyond. 

In the United States, local governments that impose property taxes classify property into two major categories, namely, commercial and residential. The distinct differences between the two will influence their assessment methods, their fair market and assessed values, and their property taxes. Let’s then take a look at property tax for commercial versus residential. 

Did you know that you only have 15 minutes or so to present your case during a hearing on your appeal of property tax? You must make a favorable impression on the hearing officer within the allotted time. You should then be as well-prepared as possible to present your side including reliable and admissible evidence.

In accordance with House Bill 202 (HB 202), property owners and taxpayers have the right to access relevant information from the Board of Tax Assessors (BOA). Said right can be exercised in several ways and can be done in relation to questions regarding a property tax increase – or more appropriately, questions about the assessed value of subject residential or commercial property.

The key to a winning appeal against the Gwinnett County Tax Assessor is a cost-efficient, results-driven game plan that can involve many things such as getting to know the tax assessor to planning the appeal. You will find that good preparation and organization can mean the difference between a winning and losing appeal so start on your game plan now!

One form of supporting documentation when you want to appeal property taxes is an independent appraiser’s report. You should ask a property tax consultant in this matter because of its importance in your appeal. But here’s a few FAQs you should know, as the owner. 

One of your first steps in fighting a property tax increaseis gaining information about the factors that affect it. You will then have the opportunity to act on the factors within your control, which is better than worrying about the factors beyond your control. You will find that, in doing so, your tax bill can be significantly reduced.