Tax Notes
Thinking Outside the Box
Why do taxing authorities recognize intangibles for hospitality properties, but not shopping center properties? The answer may be the way mall intangibles...
Property Tax Reform Goes Awry
At first blush, it appears that a cap on property tax values, often called appraisal or assessment caps, provides a panacea for limiting increasing property...
New Method to Reduce REIT Property Taxes
Stock price offers a reliable indicator for assessed value...
Shouldering a Costly Burden
States cut homeowners a property tax break, leaving commercial owners to fill the gap...
Reassessing Market Value
During periods of economic weakness, U.S. commercial and industrial real estate owners become vulnerable to unrealistic and excessive property tax assessments....
Proper Remedy for Excessive Assessments
Construction of medical office buildings is burgeoning throughout the country due to the aging population and its healthcare needs. Because these facilities...
How Assessors Can Veer Off Course
In a faltering economy, tax authorities want to cling to contract rents the amount agreed upon by the landlord and tenants as the basis for valuing property....
Why Assessors Need to Take a Mulligan
As the old joke goes, the fastest way to become a millionaire as a golf course owner is to start out with $5 million. Unfortunately some property tax...
Industrial Properties Get Their Due
For over a decade, tax authorities in many jurisdictions have recognized that intangible assets and rights must be removed when assessing certain types...
Improper Use of Cap Rates Proves Costly
Developing a capitalization rate for tax assessment purposes seems like a relatively simple task. Using the market extraction approach, the one most commonly...
