Property Tax Consulting
P3’s professional property tax review can add significant dollars back to your bottom line.
Capital intensive businesses (i.e., manufacturers, hotels, senior care, etc.) need an experienced partner that understands all elements of property taxation, including valuation, property accounting, and local protest procedural rules to help them implement an effective property tax management and reduction strategy. Our team will handle your project a contingent fee basis – and chances are, we’ll come back with significant savings for your company.
Typical opportunities include:
-Overall real estate value as compared to actual market value
-Physical feature errors of building or land including use restrictions
-Personal or real property incentive computation errors
-Personal property obsolescence depreciation allowance
-Qualified pollution control property
-Segregated components of intangibles, lower tax classifications, and renovation activities
-Double taxation of building improvements
Think of your property tax assessed value as an opening offer – you need someone to handle the appeals process to negotiate a tax bill that makes sense. Our goal is that your business pays the right amount of property tax – not a penny more or a penny less!