If you believe that your property tax bill is too high we provide the initial research and analysis necessary to help guide your course of action. Our research can assist in your decision to hire a certified property appraiser for a professional appraisal, a skilled tax attorney to file an appeal on your behalf, or maybe make you confident enough to approach your municipal Tax Assessor or Board of Tax Review for an informal property tax appeal on your own. It may even allow peace of mind that your bill is probably not excessive enough to warrant the time and money to challenge.
TR Financial Services is experienced in assisting hotels, vacation ownership associations, mixed use commercial and rental properties with property tax analysis. We work with management companies and landlords helping to ensure that their property tax expense is not excessive.
We monitor the municipal assessment cycle of revaluations and updates, provide property tax info for similar businesses and properties and create presentation materials of the data for our clients. We work with the owner to ensure their property's physical attributes are accurate and up to date. Similar properties are analyzed by number of units, sales, income or square footage. Past sales and property taxes issued by the municipality for similar properties are analyzed and compared.
Often our research shows that a client should engage with a certified commercial real estate appraiser for a complete appraisal or that they may benefit from hiring a skilled tax attorney to file a property tax appeal with the municipality or in court.
P.O Box 4004 Fall River, MA 02723 (508) 837-6510
P.O Box 1031 Portsmouth, RI 02871 (401) 683-7555