Defeat The Taxman
By Edward W. Svec
Life moves fast, just fast enough to forget about grieving your property taxes. Our team at NextHome All Island constantly reminds property owners to grieve their property taxes so you are assessed as low as possible.
Taking the time for a phone call to tax grievance specialist could save you thousands of dollars. NextHome All Island works closely with Heller Tax Grievance for clients in the New York area. Adam Heller and his team help over 6,000 Long Islanders every year fight for a property tax reduction. Their efforts are highlighted by holding the record for the largest reductions in property taxes in Nassau County of $73,000 and Suffolk County of $17,000. Holding the record in both counties is an impressive accomplishment that demonstrates a high level of expertise.
There is some basic advice offered by Adam Heller that needs to be followed. The opportunity to grieve property taxes should be taken advantage of every year however some homeowners are deterred by some misconceptions that you can only grieve every other year. Grieving your property taxes will not cause them to increase in New York State. County or town officials will not visit your home to inspect the property since grievances are filed based on public information. Grieving taxes will not affect your eligibility for STAR or VA programs that already help reduce property taxes.
Filing a successful property tax grievance will have benefits beyond a reduction. Recent changes capping State and Local Tax (SALT) deductions at $10,000 on federal tax returns means that the amount of property taxes paid on a home has a greater impact on the market value. Studies have shown every $1,000 saved on property taxes can raise the value of a home by $10,000. Lowering your taxes by consistently grieving will help maximize the value of your home when you decide to sell.
If the opportunity to save thousands of dollars a year in property taxes while increasing the value of your home sounds appealing you need to reach out to a local property tax grievance specialist. Remember there is nothing to lose and only to gain.
