How Value Transfers Reduce Property Tax Liability

How Value Transfers Reduce Property Tax Liability

Ben Blair explains that it is important to understand the concept of transferred value to avoid excessive property valuation. 

Investment value is not market value for property tax purposes because the excess value transfers elsewhere. But where does the value go?

When a new building enters the market with a headline-grabbing development budget, the local tax assessor is often happy to use the value stated on the construction permit as a blueprint for a high initial tax burden. After all, would a property owner fight an assessment equal to construction cost? The answer is yes . . . .

For the remainder of Ben’s article, please visit the American Property Tax Counsel (APTC) website here.


The reader should not rely or act upon any information in this site without seeking professional legal counsel or advice from his or her tax professional.

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