MORE CORONAVIRUS RELIEF: REDUCED PROPERTY TAX ASSESSMENTS
December 4, 2020
Golan Christie Taglia's Property Tax Group has recently attained several successes in having clients' real estate tax assessments significantly reduced based on COVID-related business losses incurred by the owner. In other words, there is no proof of any change in the market value of the property but the owner's business reverses alone justify a reduced assessment.
Our Property Tax Group has found that assessors in Cook County as well as the collar counties have looked favorably on this approach. This means that property owners in the restaurant or rental business as well as any other impacted "non-essential" business may seek this relief anywhere in the greater Chicago area.
Golan Christie Taglia's real estate assessment work is done on a contingent fee basis with a free initial analysis of your tax situation (including a review of relevant "comps").