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THE INEQUITABLE REAL PROPERTY TAX TREATMENT OF SHORT-TERM RENTAL PROPERTIES Short-term rentals (“STR”) are a burgeoning and booming billion-dollar industry that remains largely unregulated and undertaxed.  Earning two to three times the potential income of long-term rentals, STR investors enjoy freedom from the same levels of taxation and regulation that hotel and motel owners are…

Are you overpaying your property taxes? Are you overpaying property taxes on your golf course, hotel/motel, multi-family residences or apartment complex? If you think you may over assessed or unequally assessed, we can help. In New York, individual property owners and business entities that own property can sue to reduce their property taxes. When you…

EXECUTIVE ORDER 202.22 IMPACTS REAL PROPERTY TAXATION ASSESSMENT AND GRIEVANCE PROCEDURES Taxpayers and municipalities statewide should be aware of potential changes to real property tax assessment and grievance procedures for 2020 in light of the current COVID-19 pandemic and social distancing requirements. On April 20, 2020, Governor Andrew M. Cuomo issued Executive Order 202.22, which…

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