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I last grieved mine 3 years ago. It went to the Supreme Court and lost. That pretty much ended my hope of a reduction. On the bright side they have hardly went up at all since. Weird.
Quote:
Originally Posted by markjames68
The real grieving is when you hear about what friends who left LI pay in property taxes.
The aggressive solution he implemented has saved the county between $115 million and $299 million, depending upon various factors estimated by Newsday, including inflation and the effect of a recently launched program for commercial property refunds. But the savings came at the price of the growing disparities, which were widely predicted as they were being implemented.
The solution involved, first, awarding deeply discounted reductions on far more appealed properties than ever in an effort to save money by settling cases before tax refunds had to be paid and, second, an assessment freeze that locked in those reductions from year to year.
So it seems I should be among MANY others who've had their low assessments remain year after year. So why is it that people grieve, year after year? If your house is now assessed at $400k (market value $600k), how are you going to find sales comps below $400k to prove your case? Is anyone actually getting further reductions beyond the first time after the year-to-year freeze and how substantial?
When the upcoming county-wide reassessment occurs, I hope it throws numbers way off for everyone. In turn I hope it causes such an uproar among homeowners that more light is publicly shed into where taxes are actually going. Nowadays there are more media (medium) for coverage and discussion.
I grieved my NC taxes last year. You can take the girl out of Long Island, but you can't take the Long Island out of the girl!
P.S. I won.
That's funny, because it's exactly the way my mind works. The state I'm moving to has taxes 80% lower than I pay now. Still, I plan to grieve my taxes and shave off some more. I doubt anyone in the state does this.
So it seems I should be among MANY others who've had their low assessments remain year after year. So why is it that people grieve, year after year? If your house is now assessed at $400k (market value $600k), how are you going to find sales comps below $400k to prove your case? Is anyone actually getting further reductions beyond the first time after the year-to-year freeze and how substantial?
I got another 8 percent this year after getting 24 percent last year. I dont even think you need to "prove your case". If yoy have a $600k house submit the application and say it's worth 300k and don't provide any comps.
I'm a wimp so I keep using a firm, but I think that's really how it works. That's what someone I know does and his taxes are less than $8,000 so he must be doing something right. I'm gonna get so hosed by the firm for the 24% reduction that the single digit reduction I got this year and may get next year don't phase me at all.
I got another 8 percent this year after getting 24 percent last year. I dont even think you need to "prove your case". If yoy have a $600k house submit the application and say it's worth 300k and don't provide any comps.
I'm a wimp so I keep using a firm, but I think that's really how it works. That's what someone I know does and his taxes are less than $8,000 so he must be doing something right. I'm gonna get so hosed by the firm for the 24% reduction that the single digit reduction I got this year and may get next year don't phase me at all.
I tried a couple times on my own and got nowhere till I hired a firm.
It's obviously worth it even if you only get a little off - all your future tax hikes even if you don't win in the future will be based off the lower assessment. That's why I grieved mine. They are going to reassess more often down here and I want to keep my basis as low as possible for as long as possible.
The person on this thread who complained about paying the firm shows the big problem with Long Islanders and the reason why this situation has gotten completely out of control there - people just get used to their mortgage going up a little every year with the tax increases. If people paid their own taxes there would be much more of an uproar.
Once in a while I see a real estate listing for a modest house sitting on the market for a long time, with immense tax burden that sticks out. The listings say something like, "taxes not grieved for 10 years" or similar.
Let's say you buy a house like this, with a tax bill of $14K a year, while neighbors are paying $10K because they grieved. How soon can that tax bill be lowered? Will a new owner grieving taxes for the first time be able to correct this in one year, or will the tax bill be too high for many years to come? Will this house have higher taxes forever?
I grieve myself every year and don't use a service.
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