Property Tax Appeals for Multifamily Owners in Greater LA Area
The Problem
As costs rise and rental income remains largely stagnant, property taxes are one area where owners may be able to reduce expenses. Many Los Angeles-area apartment owners may be overpaying property taxes without realizing it, and Wes Nichols will provide a practical overview of the appeal process and how current market conditions can affect your assessment.
What You'll Learn
How a multifamily building is actually valued, including Proposition 8, the decline-in-value provision the county does not apply automatically.
The process, the timeline, and the refund, from the November 30…
The skinny
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