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Allobar Strategies
- Mar 20, 2018
- 2 min
Why Challenge Your Real Estate Taxes?
Many taxpayers are not aware that there is a way to reduce their property taxes on the real estate they own. Filing a tax abatement is an opportunity for taxpayers to dispute the amount of real estate taxes levied upon them. Most taxpayers do not know how to file a tax abatement since this right is not publicized enough and understanding the value of their property is left to the assessors. The value of a taxpayer’s property is not necessarily assessed correctly by the munici
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Allobar Strategies
- Feb 7, 2018
- 2 min
Property Owners vs. Tax Bills: Who Wins?
When property owners receive their final tax bills for the year in November or December; they may not agree with the amount to be paid. Although this can be frustrating, things can be done to alleviate this burden, because every state gives property owners the opportunity to challenge the amount of taxes levied upon them; but few actually take action and file a tax abatement. This is due to the fact that this right is not publicized enough, which means there are numerous tax
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Allobar Strategies
- Jan 12, 2018
- 3 min
Real Estate Tax Law: Evidence Is King
Many people decide to invest in real estate and being wealthy is not necessarily a requirement. When someone buys a house they are now considered a property owner, tax payer, or even a small investor. Purchasing a home for most people is an investment in their future; and knowing the tax laws can make a significant difference in the return on investment, if it is to be sold at a later date. Real estate taxes are a primary source of income for many local governments, yet they
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