Is Your Property Over-Assessed? What LA Apartment Owners Need to Know About Challenging Their Property Tax Bill
Many Los Angeles-area apartment owners are overpaying property taxes without realizing it. Wes Nichols provides a practical overview of the appeal process and what current market conditions mean for your assessment.What You'll LearnHow to determine whether your apartment property is eligible for a property tax appeal. How the rising cap rates, increasing concessions, and stalled rent growth are creating strong property tax reduction arguments today. Why rent-controlled properties are particularly vulnerable to over-assessment, and how Assembly Bill 1482 has expanded tax reassessment appeal…
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