What is The Process For Protesting Your Property Taxes?
1. Receive Valuation Notice
Protesting your property taxes requires taking action well in advance of receiving your tax bill; it starts when you receive your valuation notice on the mail. If a jurisdiction plans to increase your property’s market value, they will send you a notice.
Different jurisdictions use different assessment methods, and may consider things like supply and demand, prior years’ worth of property data, and comparative market data.
2. Review the assessment of your property
Examine the details of the assessment:
- Do you agree with the market value?
- Is the information about your home correct?
- Is the value significantly higher than the previous year?
Any of these questions could highlight an issue that makes a protest worth pursuing. (Don’t forget to note the deadline for filing a protest. Missing a filing deadline or—later—a documentation deadline could mean losing the opportunity to protest altogether.)
3. Collect evidence to support your protest
To convince a review board you (or Slash-Tax working on your behalf) need to present facts and objective evidence that supports a claim for a lower valuation for your property, such as:
- Past year sales of comparable properties
- Professional appraisals of your property
- Relevant information or photos related to the condition of your home, including damages, estimates of required repairs, etc.
- Relevant information about the local area that may be impacting property values
Prepare a document to share the evidence with the review board and make multiple copies.
4. File a protest
The review process varies from one locale to another. It often begins with an informal discussion where a lower value may be negotiated with an assessor. If a settlement is not reached at this stage, you may need to attend a formal hearing before an appraisal review board or similar body.
5. Review process
The protest process begins well in advance of receiving your tax bill; it starts when you receive your valuation notice. If a jurisdiction plans to increase your property’s market value, they will send you a notice. Different jurisdictions use different assessment methods, and may consider things like supply and demand, prior years’ worth of property data, and comparative market data