Property Tax Reduction
Potential Value: This obviously depends on your property tax liabilities and how much they can be reduced. The minimum property tax liability, personal or commercial, is $50,000 annual.
Ease of Implementing: There is a form to fill out. They do all the work.
Cost of Implementing: This is a free audit. If they find savings, they split the savings for the current year and up to 3 years back. No fees on subsequent years.
Who Qualifies for Property Tax Review?
Any Commercial Property Owner who pays over $50,000 per year in Real or Personal Property Tax is worthy of a free review to determine potential reduction opportunities.
What are the Benefits of a Property Tax Mitigation Study?
The immediate benefit is the reduction of taxes owed and the potential of refunds on prior taxes paid. The future benefits would similarly be a reduced tax burden going forward, producing an increased cash flow for the business.
Our experienced team of professionals in mitigation, valuation, assessments, and law will work on your case to identify any potential opportunity for refunds and/or reductions in your current property taxes. We perform all the work on your behalf until savings are captured, including partaking in hearings and filing necessary paperwork. We act as an extension of your company toward the governing property tax bodies.
**The above has been taken from the GMG Client website: http://gmgsavings.com/services/property-tax-mitigation/