Property Tax
Property Tax
- Every year, our firm works with clients of all property types, providing property tax management strategies throughout the year.
- Our success in this field involves a multi tier process, beginning with strategic positioning of your property for future valuations, followed by pre roll negotiations with the Assessor prior to the roll being published, followed by appeals where necessary.
- The official appeal deadline is January 31st each year. Our firm critically analyzes assessed values prior to this deadline, providing detailed reports with supporting evidence, making determinations on which properties warrant an appeal.
- We have a very proactive appeal engagement process and successfully negotiate settlements on 80% to 90% of our appeals by March 15th of every year.
- In securing hundreds of millions of dollars in reductions prior to tax rates being set, providing for superior service for our clients and their tenants.
- Property tax advocacy is a major contribution of our firm to industry. Our principals and staff are members of all major real estate organizations in the province and we successfully lobby governments at municipal, provincial and federal levels to affect change for fairness in our property tax system.
- Extensive array of property types reviewed (new and existing)
- Hundreds of millions in reduced property assessments each year
- Property tax savings calculator – simple application
- Annual Property tax savings to date – simple application using a "counter"
- Benefits of Property Tax Review
- Relief of the frustration and time with your appeal
- Better use of your time by delegating this function to a professional
- Professional unbiased opinion on the fairness of your assessment
- Enhancement of the competitiveness of your property due to lower taxes in comparison to your competition
- Lower taxes increases net rents and hence overall value
- Independent review to satisfy tenants that the landlord is protecting their interests by minimizing taxes
- Certification of the accuracy of your assessment to safeguard against disgruntled tenants
- Extensive resources that include one of the largest databases in Vancouver
- Cost effective appeals by joining with existing clients in multi-property representation
- Enjoy a strong working relationship with various offices of BC Assessment
- Consultants’ knowledge of the process and assessment issues
- Memberships/Qualifications
- Key Dates