Our goal is to assure your property is assessed fairly. It should never be assessed above its market value. Nor should it be assessed above uniform equal value of similar property – even when lower than market value.
Nothing is more disappointing for business managers than finding out too late in the year that their property taxes are much higher than they planned for. Frequent communication with our clients is key to helping them understand their annual property tax burden. Changing business environments, whether driven by market conditions, internal growth or acquisition and divestiture of property can be problematic for estimated tax burdens. In each case, we consult with you regarding property tax planning and provide pro forma tax estimates. We advise you on tax apportionment and payment responsibility when you acquire or divest property. We review property tax language in your preliminary buy sell agreement to ensure the actual mechanics of tax reporting and tax payments match up with written agreements. We follow through on post- closing adjustments to ensure delayed tax payments are apportioned correctly.
Knowing that when American Ad Valorem is appraising your property and rendering our opinion of fair market value to tax assessors, that we have not under reported items that could lead to penalties, nor, and just as importantly, not listed items that should not be taxed; a common mistake made by business owners who self-report.