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…
TRUMP ISN’T THE ONLY PERSON WHO CAN SUE OVER HIS TAX PROPERTY BILL The Associated Press recently reported that the President of the United State sued the Palm Beach Tax Appraiser saying his Mar-a-Largo golf course was actually worth much less than its assessment. His lawyers argue that the nearly $400,000 property tax bill is…
Did You Grieve Your Property Taxes and Lose? Here’s What You Need to Know to Appeal Did you file a Real Property Tax Grievance complaint to contest your taxes in May? The Board of Assessment Review (BAR) for each Hudson Valley municipality will be sending out their determination of your grievance complaint throughout the month…
Challenging your New York State property taxes can be a complex process. The attorneys at Jacobowitz and Gubits have extensive experience in challenging real property tax assessments. Our knowledgeable Hudson Valley attorneys have challenged all types of property assessments including industrial plants, apartment complexes, strip malls, condominiums, subdivisions, farmland, and more. We can help you determine…
Five Essential Considerations when lowering your Real Property Taxes The City of Newburgh Council voted recently to increase property taxes for 2017. This means City of Newburgh homeowners and commercial property owners will pay more in taxes in 2017, with commercial property owners paying double the increase of residential property owners. Want to lower your real property…
Now Is Your Last Chance To See If You Are Overpaying Your Property Taxes in 2016-2017 Challenging your tax assessment is a process. There are deadlines, research, necessary documentation and forms, rules, and property history that need to be considered. Don’t be scared away from considering this because it may appear complicated. We can simplify…
