REASONS TO APPEAL YOUR PROPERTY ASSESSMENTS
2011 ASSESSMENT APPEAL DEADLINE: Monday January 31st.
- Why should landlords and property managers attempt to lower property tax?
- Obtaining reductions can reduce total operating costs making the building more competitive when leasing space;
- The building will be worth more in the future;
- Maintaining a competitive and equitable assessment provides value to properties performing well, and significant tax relief to owners of properties experiencing valuation concerns based upon physical or market circumstances;
- Lower expenses create higher net rents, which will increase values.
- It is good tenant relations to return a tax cheque at year end;
- A review shows the tenants that the landlord cares.
- Fiduciary duty
If you have any questions please contact Peter Austin at email@example.com
Peter Austin has been in involved in the assessment industry for some 30 and was a partner at Burgess Austin Appraisers for 25 years. He is currently Chair of the BC Chapter of the Canadian Property Tax Association.
- Understanding B.C.'s Proportional Representation Referendum (PPTX)
- NDP Property Tax Increases In 2019
- Amacon Update
- Vancouver Vacancy Tax
- 2018 Property Assessment Value Changes
- Misconceptions within the Property Assessment Process
- Mayor's Council Proposal for Funding Transit
- Resolving Disputes - A New Approach
- Mixed Use Properties - Potential reclassification for Property Taxation
- Classification of Mixed Use Properties September 2016 Update
- Possible Effects of FIT on Assessments
- BC Foreign Investors Tax
- NAIOP Industrial Panel
- Classification of Mixed Use Sites - Part 2
- Opportunities for Brokers
- Valuation of Properties Under Construction
- Is Assessed Value Equal to Market Value?
- Civil Resolution Tribunal Update - October 2014
- Assessment Appeal Board Changes Classification for Mixed Use Development Sites
- Strata Civil Resolution Tribunal Update
- Reviewing Appraisals - Download
- Resolving a Rental Dispute
- How are School Taxes Calculated? | doc