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Old 05-26-2008, 06:21 PM
Benzgirl Benzgirl is offline
GreekChat Member
 
Join Date: Jul 2007
Location: Out in Left Field
Posts: 7,555
I had one of my rentals re-assessed last year. But, I had to go through an appeals process. It wasn't as simple as calling the county and scheduling an appointment for their appraiser to reassess it.

First came the form that they only took once a year, then it took several follow-up phone calls pressuring them to move it to the next level, and finally came my appointment with the appeal board. I was the only property being appealed that day that was not represented by legal counsel; I thought I was doomed. But, I was very prepared with pictures, comparables, a market analysis and a full write up with exhibits.

After I won my appeal, I scheduled the appointment with the appraiser, which took a matter of 2 hours. Start to finish was approximately 5 months.

The good news, I will save about $1200 each year on taxes. The bad news, I would like to sell it, but the property is still in the tank. Sad, because it sits right on Lake Erie and has fabulous views.
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