Conclusion
There are many decisions that need to be made for a successful tax appeal. The tax savings can be substantial. Conversely, the opportunity cost of a tax appeal that is lost due to one or more of the pitfalls outlined in this paper can be just as dramatic. When multiplied by a portfolio of properties in multiple jurisdictions, tax savings can easily run into the millions of dollars and the situation becomes even more magnified. No one likes to pay more than they legally have to. The right team and the right decisions make all the difference.
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1 10 Keys To Successful Tax Assessment Appeals - Twelve Part Series // Jul 2, 2008 at 2:05 pm
[...] Keys to Successful Tax Appeals - Part 12 - Conclusion - There are many decisions that need to be made for a successful tax appeal. The tax savings can be substantial. Conversely, the opportunity cost of a tax appeal that is lost due to one or more of the pitfalls outlined in this paper can be just as dramatic. When multiplied by a portfolio of properties in multiple jurisdictions, tax savings can easily run into the millions of dollars and the situation becomes even more magnified. No one likes to pay more than they legally have to. The right team and the right decisions make all the difference. [...]
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