Commercial Property Tax Appeal
Challenge Commercial Real Estate Taxes
Are your commercial property taxes too high? We can help! We provide a referral to an expert commercial property tax consultant who can help you challenge your commercial real estate taxes in MN. Their advisors specialize in assisting Minnesota commercial real estate, warehouse space, & industrial property owners in appealing property taxes. The company combines its extensive property tax consulting experience with its valuation and legal resources to obtain significant property tax reductions. The process can potentially save commercial building owners hundreds of thousands of dollars in property taxes each year. Services are typically offered on a performance basis only, so there are no up-front costs.
Commercial Property Tax Consultant
Why do you need a commercial property tax expert to help you review and potentially challenge your property taxes? Assessor’s offices are required by law to assign a value to a property to which the applicable tax rate is applied. The advisors provide commercial property tax appeal services that ensure the tax rate is being applied to an appropriate value for your commercial real estate, warehouse building, or office space. Many properties get over-assessed due to the assessor’s office using a mass appraisal process, or due to the lack of appropriate local property sales to consider. In addition, they often times do not take into account special circumstances that may have increased the “face value” of a sale, but not the actual underlying property value on a fee simple basis.
Services are performed on a percentage of tax savings basis. If no tax savings are achieved, you do not owe a fee. In most cases, the company will cover the cost of attorney’s, appraisers, brokers, and all other experts that are needed to appeal your commercial property taxes.
Commercial Property Tax Appeal Process
How do you appeal commercial property taxes in MN? Ask our resource for help! Minnesota commercial real estate taxes are high compared to most states, so any way you can reduce your commercial property tax obligation is essential. The tax appeal consulting services include on-going property tax reviews, development of property tax positions, negotiations to reduce taxes, and coordination of all required documentation to achieve refunds and reductions. Process and services typically include:
- Reviewing the proposed assessment and providing recommendations
- Oversee preparation and filing of petitions in a timely manner to the appropriate jurisdiction(s)
- Communicating with the assessor’s office to pursue a revised assessment on your behalf
- Coordinating, monitoring and conducting and presenting at a hearing if applicable
- Once the matter is settled or decided, they will ensure that the necessary stipulations and orders are promptly processed to expedite closure thereby accelerating the refund and/or reduction process
- They work throughout the process to review and verify the assessed values included in the settlement or decision
- We work with the jurisdiction until associated commercial property tax reductions are confirmed and applicable refunds are received
CRE Partner’s Waiver of Liability and Referral Fee Disclosure
WE DO NOT CONDUCT or PROFORM COMMERCIAL REAL ESTATE TAX APPEALS NOR ARE WE LICENSED ATTORNEY’S. We only provide an introduction to a resource or expert commercial property tax consultant. We are not responsible for any service, error or omission, and make no representation or warranties regarding the probability or outcome of any tax appeal. Commercial Real Estate Minnesota Inc is paid a referral fee only upon a successful tax appeal.
Commercial Property Tax Appeal Services throughout the Twin Cities area and MN: Minneapolis, St Paul, Chaska, Chanhassen, Eden Prairie, Edina, Wayzata, Minnetonka, Hopkins, St Louis Park, Golden Valley, Plymouth, Rogers, Bloomington, Shakopee, Eagan, Brooklyn Center, Brooklyn Park, Maple Grove, Lakeville, Burnsville, Fridley, Blaine, Coon Rapids, Arden Hills, New Brighton, Oakdale, Woodbury, Hennepin County, Ramsey County, Scott County, Dakota County, Anoka County, Carver County, and Outstate MN.