Is it appropriate for a tax assessor to use business income information to determine taxable value? I address this question in the January 2014 issue of Commercial Property Executive. The article can be viewed here. … [Read more...]
Assessing Damaged or Destroyed Property in the Aftermath of Recent Tornadoes in Indiana and Illinois
November 27, 2013 Leave a Comment
Illinois and Indiana recently suffered a series of violent tornadoes. Earlier this November, there were 24 confirmed tornadoes in Illinois and 28 confirmed tornadoes in Indiana. Property taxes are likely a long-way down the list of concerns of people affected by these tornadoes. However, owners of property in … [Read more...]