November 1, 2014

Assessment Appeal FAQ’s

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Why do I need to appeal my property tax assessment?

If you believe the value of your property has declined for any reason then you should review your tax assessments to make sure they do not exceed the current market value. It is prudent to review your property tax assessments annually.

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Does RPC appeal Business Personal Property (FF&E) tax assessments and provide Audit Representation?

Absolutely. Companies are over-assessed by millions of dollars relative to Secured and Unsecured Personal Property Taxes (FF&E) annually. For a no cost FF&E review click here

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What is the tax appeal process?

The tax appeal is your legal right to protect you from undue or unfair taxation and provides a means for you to receive proper representation before the taxing authorities.

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How long will it take?

It all depends on when you decide to investigate the possibilities of reducing your property taxes. The sooner the taxpayer begins the process the better. There are annual deadlines and once they are missed there is no recourse for excessive property taxes. California Revenue and Taxation codes state that the county has to resolve an assessment appeal within 2 years.

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What is RPC’s role in the process?

RPC is a professional taxpayer advocacy firm and represents the taxpayer before the various taxing authorities. We are assigned by the taxpayer to handle all aspects of investigating, consulting and taking the proper actions to reduce one of the largest expenses property owners face, – property taxes.

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What do you need from me?

Initially all we need is for you to request a no-cost assessment appeal review from RPC to determine the size and scope of your property tax savings. Complete the simple and secure form on our website and allow 3 – 5 business days for your no-cost review.  To start your no-cost review click here

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Why use RPC for the appeals work?

25 years of experience, professional relationships with various county assessors and hundreds of successfully prosecuted assessment appeals statewide means that we get better results than anyone else. Commercial tax appeal negotiations can be complex and very time consuming. Mistakes resulting from inexperience or incompetence can cost the taxpayer thousands of dollars and can actually result in even higher property tax assessments.

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How does RPC get paid?

RPC’s professional fees are success driven, based on a percentage of the actual tax savings. No up-front fees and no charge if there is no reduction. RPC even pays any upfront assessment appeal application fees for our clients, further reducing any out of pocket expenses.

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Is it too late to file an appeal for my 2013 assessments?

Yes, the deadline to appeal the 1-1-13 valuation was 9-15-13 and 11-30-13 depending on which county.

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How can I file my 2014 appeal when I haven’t seen the 2014 assessed value yet from the assessor’s office?

RPC can provide you with that information. Please contact us to discuss your unique situation.

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Shouldn’t we just wait while property values continue to decline so we get a lower assessment?

Every tax year is separate and distinct and savings may be available for every year. Once the filing deadline passes any tax relief for that year is lost forever. There is no reason to delay.

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What if I disagree with the appeals board’s final decision?

A motion can be filed in superior court to over-turn an assessment appeals board’s decision. RPC provides this service as well.

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Do you do single family residence appeals too?

Commercial property appeals are our specialty but we also provide services for home owners with assessed values in excess of $1MM.

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We have already filed our appeal. Is it too late for RPC to help?

No. We receive many calls from property management firms and taxpayers who have filed an appeal only to discover the complexity and large amounts of time an appeal can consume. They simply assign the appeal to RPC and we take it from there.

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My staff, attorney or CPA said they can do this for me. Why do I need RPC?

RPC has spent the last 25 years building professional relationships with counties throughout the State of California. Your staff may do many things well, but we have the experience to get tax reductions completed faster and with better results than beginners. Accountants and attorneys will charge win or lose…

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We already have a relationship with a property tax consulting firm for our ongoing work in states without California’s Prop. 13-type legislation. Why wouldn’t we just use them for our California Properties too?

RPC has spent 25 years building relationships with the California Tax Assessors’ offices and we know how the California-specific process works better than anyone else. We can get better results faster for your California properties.

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We’re fighting to justify our asset equity value. How will this affect our lender appraisals and loan ratios?

An assessment appeal will not affect any lender appraisals and/or corresponding loan ratios. In fact, any successful assessment appeal lowers expenses and improves net operating income.