Property Tax Reassessments Could Have Expensive Consequences

October 2017

The real estate sector has rebounded significantly in the past few years, but as property value grows, so do commercial property tax liabilities. And, according to Dorothy Radicevich, jurisdictions that reassess values every couple of years rather than annually, could lead to big increases in a company’s tax bill.

In a recent interview with National Real Estate Investor, Dorothy shares her take on how local taxing authorities are handling commercial property taxes, and gives an example of how BDO is helping businesses cope with property value reassessments.
  For more information on how property value reassessments in your local jurisdiction may impact your business, contact Dorothy Radicevich, national property tax leader and principal in the state and local tax practice.