Do you know the technique used by the real estate tax assessor to value your affordable housing property?

Did you know that using a different valuation technique could possibly reduce your assessment?

This article describes the various techniques used by real estate tax assessors and how one method might be better suited to value your affordable housing property, especially a Low Income Housing Tax Credit (LIHTC) property.  It is imperative that LIHTC property owners educate their real estate tax assessors about the uniqueness of their properties and start an ongoing dialogue with the assessors that will lead to lower assessments each tax year.

Here is a link directly to this article:

http://www.housingfinance.com/ahf/articles/2011/september/0911‐assetmanagement‐Unfair‐Assessments.htm\
 
 
To view other articles and discussions about the Affordable Housing Industry, visit the Affordable Housing Finance website at: http://www.housingfinance.com/