We represent numerous commercial and residential property owners within the State of Ohio and have been highly successful in challenging real estate tax valuation through the County Board of Revision and the Ohio Board of Tax Appeals saving clients millions of dollars. We have helped clients lower their taxes on various types of real estate:
Navigating the complexities of real estate taxes in Ohio can be challenging for property owners. Kenneth J. Fisher Co. L.P.A. offers comprehensive real estate tax reduction services designed to effectively minimize your property tax liabilities.
In Ohio, property taxes are determined based on the fair market value of your real estate. However, inaccuracies can lead to overpayment. Common issues include overestimations of property value, incorrect property classifications, and failure to account for exemptions. Identifying and correcting these discrepancies is essential to ensure you’re not paying more than your fair share.
At Kenneth J. Fisher Co. L.P.A., we provide a suite of services aimed at reducing your property tax burden:
Assessment Review and Analysis: We initially examine your property’s fair market value, comparing it with current market data to identify potential overvaluations.
Filing Appeals: If discrepancies are found, we prepare and file formal appeals on your behalf, challenging the fair market value to seek a reduction.
Representation at Hearings: Our experienced attorneys represent you during administrative hearings, presenting evidence to support your case for a lower valuation.
Exemption Identification: We assess your eligibility for various property tax exemptions, such as the Homestead Exemption for senior citizens and disabled individuals, ensuring all applicable reductions are applied.
Expertise: With years of experience in Ohio property tax law, our firm possesses the knowledge necessary to effectively navigate the complexities of the tax reduction process.
Personalized Service: We understand that each property is unique. Our team provides tailored solutions that address your specific circumstances and goals.
Proven Results: Our track record of successful tax reductions has resulted in 7-figure savings for our clients, significantly enhancing the profitability of their real estate holdings.
Ohio offers several programs that can assist in reducing your property taxes:
Homestead Exemption: Available to senior citizens aged 65 or older and permanently disabled individuals, this program provides a reduction in real estate taxes for those who qualify. Eligibility is determined based on age, disability status, and income thresholds.
Owner Occupancy Credit (2.5% Rollback): This credit allows property owners who occupy their home as their principal residence to receive a 2.5% reduction on property taxes for qualifying levies. It’s important to note that rental properties and vacant land do not qualify for this reduction.
Current Agricultural Use Value (CAUV): For owners of land used in agricultural production, the CAUV program offers a tax break by valuing the land based on its agricultural use rather than its market value, often resulting in lower taxes. Eligibility requires the land to be devoted to commercial agriculture or enrolled in a federal land retirement or conservation program.
Proactively managing your property tax valuations can lead to substantial savings. By partnering with Kenneth J. Fisher Co. L.P.A., you gain a dedicated advocate committed to ensuring fair taxation of your real estate assets.
Don’t let inaccurate property valuations lead to unnecessary expenses. Contact Kenneth J. Fisher Co. L.P.A. today to schedule a consultation and discover how our real estate tax reduction services can benefit you.
Note: This webpage is intended to provide general information about our
real estate tax services and does not constitute legal advice. For specific
legal concerns, please consult with one of our attorneys.
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