Save Over $1 Million in Taxes Thanks to RPC
LOS ANGELES — July 11, 2011 — RPC Property Tax Advisors (RPC) reports that it has saved Los Angeles County commercial property owners over $1 million in 2009-10 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 Tuesday (July 5) was the first day in all 58 California counties to file for a 2011-12 commercial property tax appeal.
“Since 1989, RPC has assisted Los Angeles County commercial property owners in reducing one of their largest annual expenses — property taxes,” said Sullivan. “RPC reviews tax assessments at no charge and provides our 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 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, 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 which begins today. 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 forever. He said that July 6th began the assessment appeal process for tax year 2011-12 with hearings scheduled on a first come first served basis. “The sooner we start the process, the sooner you will benefit from reduced property taxes,” said Sullivan.
Sullivan pointed to recent example of significant property tax savings in Los Angeles County.
• 476,229-square-foot Multifamily Los Angeles County. Tax Savings — 2009: Reduced from $88,282,854 to $78,600,000 for tax savings of $112,566.00. 2010: Reduced from $87,615,297 to $76,500,000 for tax savings of $141,148.60.
Total 2 year savings to property owner $253,714
Headquartered in San Diego, CA. with a Northern California office in Oakland, CA. RPC Property Tax Advisors is the leading provider of professional commercial property tax assessment appeal representation in California. Since 1989, RPC has completed over a thousand 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 on RPC Property Tax Advisors, visit www.rpcpropertytax.com or call 800-540-3900.
