Intro To Property Tax + Important Upcoming Deadlines
Property tax is a tax levied on property owned by individuals or entities, including corporations. It applies to both real property (such as land and buildings) and personal property (such as machinery and equipment).
Many property owners end up overpaying their property tax bills due to various factors. These may include economic conditions, over-reporting the number or cost of assets in a business, misreporting intangible or non-taxable assets, or miscalculating asset obsolescence. Credistry’s property tax experts specialize in identifying these issues and preparing appeals to secure the largest possible reduction in tax liability. Our property tax services often lead to significant savings for property owners over multiple years.
Experience & Approach
At Credistry, transparency is at the core of our property tax services. Our team delivers savings to a wide range of organizations, from small businesses to large corporations. With decades of experience, we craft highly effective appeals to maximize savings. Our experts are results-driven, tailoring each appeal to the unique needs of the property owner to ensure the best possible outcomes.
Our Process
Our team supports clients at every stage of the appeal process. We begin with due diligence and guide clients through each step, including communicating key dates such as the lien date, appeal window, and appeal process, to ensure fair and accurate tax valuations. From the initial review, we provide advice in the best interest of the client, whether that means settling or proceeding to a hearing. With extensive experience working across states nationwide, our experts set honest and realistic expectations for every appeal.
What Makes a Great Prospect?
Our property tax services are ideal for clients paying at least $50,000 annually in property taxes. If you meet this threshold, our team will guide you through the additional information required to proceed and will initiate the process once all details are received.
If your property has experienced decreased income due to vacancy or increased expenses, damage, or deconstruction, or if comparable properties have declined in value, it may be worth considering a tax appeal.
Important Appeal Deadlines:
New Jersey: April 1, 2025
New York City: March 3, 2025
Ohio: March 31, 2025