Property valuation and the condemnation law share a common basis where their impact on your rights and responsibilities as a property owner are concerned. Keep in mind that the imposition of an easement (i.e., a non-possessory interest in the land of another person) reduces its fair market value in practical terms. As a taxpayer and property owner, you have to assert your rights in case of easement made by the Fulton County property tax authorities.   

According to the laws of the State of Georgia, the DeKalb County Tax Assessor has the responsibility of ensuring that all real estate and tangible personal property are appraised annually at their fair market values.  You, the taxpayer, have the right and responsibility of ensuring that your taxable real estate and tangible personal property have been assessed in a fair manner based on four grounds, namely, taxability, uniformity, value, and applicable exemptions. 

With the passage of House Bill 202 (HB 202) after a wild finish in the Georgia State Assembly, the roles and responsibilities of the Gwinnett County Tax Assessor particularly in the appeals process have changed. As a taxpayer, you have to be aware of these changes as many of them actually have an impact on the outcome of your appeal. You should ideally consult with a tax advisor before making any move on your appeal since many of the changes can adversely impact your chance for a successful appeal.

The Fulton County Tax Assessors Office – or more appropriately, the Board of Tax Assessors (BOA) – is the local government agency where the property tax process essentially starts.  Keep in mind that the BOA issues the Annual Notice of Assessment for each property owner in its jurisdiction and is the first venue for filing the formal tax assessment appeal.  Failure to file the required paperwork for the tax appeal within 45 days of the date on the Annual Notice of Assessment means the assessed value is considered final and executory for the taxable period. 

As a property owner and taxpayer, you should be abreast of the changes in the rules and regulations, especially the new laws, which have an impact on your real assets and their applicable taxes. Your awareness of these changes will be to your benefit considering that ignorance of the law is not an excuse as is the case in tax assessment appeals filed at the office of the DeKalb County Tax Assessor. 

In every sunny day, a few drops of rain must fall.  When you are in the multifamily market, you will love that the rent and occupancy rates are increasing while the cap rates are decreasing.  But you will not love it that with record-high prices appearing to be the norm, you will likely observe a rapid increase in Gwinnett County property tax valuations, too. 

With the complicated rules and regulations regarding the Fulton County property tax, you will want to hire an experienced tax advisor who knows the ins and outs of the process. You will appreciate the expert assistance provided by the tax advisor especially on the matters of deadlines for filing returns and paying taxes, among others.

The DeKalb County property tax authorities, particularly the Tax Assessor, are required by law to appraise real and tangible personal property at their fair market values. For this reason, three approaches are used in the appraisal although typically only one will be selected. This depends on the availability and quality of market data resources. The approach to value that is considered most reliable for the property type and market area will be given most weight in the value estimate.   

D-Day in property assessment process is on April 1, 2016! If you are a first-time homeowner and taxpayer, you should be aware of the tax calendar as implemented by the Gwinnett County Tax Assessor so that you can file your returns and appeals on time as well as pay your tax bills on time.

The Fulton County tax assessors, also officially known as the Fulton County Board of Tax Assessors, is the county organization responsible for the determination of fair market values of all real and business personal property in its jurisdiction for property tax purposes. As a tax authority, the Board has several roles and responsibilities established by state law to carry out its functions in the tax system.