California Commercial Property Owners Value Reductions

RPC Property Tax Advisors Provides California Commercial Property Owners with Nearly $800 Million in 2009-2011 Assessed Property Value Reductions

SAN DIEGO — August 24 , 2011 — RPC Property Tax Advisors (RPC) has provided California commercial property owners with nearly $800 million in property tax assessment reductions for the period of 2009-2011,  saving them more than $8.7 million in property taxes, according to Ken Sullivan, managing principal of RPC Property Tax Advisors, a San Diego-based provider of professional property tax assessment appeal representation.

Sullivan said that the September 15, 2011 appeal filing deadline is quickly approaching for the following California counties: Alameda, Inyo, Kings, Orange, Placer, San Francisco, San Luis Obispo, Santa Clara, Sierra and Ventura.

If the deadline passes without an appeal application being filed, all tax savings and refunds for 2011 are lost forever.

“In just the past two years, RPC has assisted California commercial property owners in reducing one of their largest annual expenses — property taxes,” said Sullivan. “RPC reviews tax assessments at no charge and provides a professional opinion of your property tax refund opportunities. To ensure that a particular property is not over assessed, we offer our clients a free online ‘No Cost Property Tax Assessment Review’. If we believe the property is over assessed, we appeal the assessed value to the county assessment appeals board and work to obtain the largest property tax refund possible.”

A trusted property tax advisor since 1989, RPC adds bottom line value to an owners’ real estate investment, providing state-of-the-art property tax appeal services. RPC’s success is attributed to a blend of professional relationships with the various county assessors; extensive appeals board hearing experience, knowledge of California’s revenue and taxation codes, an experienced team of former county assessors on staff, as well as a thorough understanding of the California taxpayers’ options via the lengthy assessment appeals process.

Sullivan said commercial property owners should not delay the tax assessment appeal process in which the filing period began July 5th, 2011. RPC must file an Application for Changed Assessment with the appropriate county clerk, the application must be complete and filed timely in order to be valid otherwise the county clerk will not schedule an appeals hearing and any tax savings are lost. “The sooner we start the process, the sooner you will benefit from reduced property taxes,” said Sullivan.

Headquartered in San Diego, CA, with a satellite office in Oakland, CA. RPC Property Tax Advisors are the commercial property tax refund and reduction experts. RPC has completed over 1,000 assessment reduction cases representing billions of dollars in assessed values and tens of millions in property tax savings. RPC specializes in commercial property types including office, industrial, retail, apartments, land and mixed-use projects. The company handles the property tax appeal/refund from start to finish, allowing their clients to save time and money. For more information and to complete a No Cost Property Tax Review, visit www.rpcpropertytax.comor call 800-540-3900.