Tax Appeal and Tax Assessments, David Wolfe @ Skoloff and Wolfe
Manage episode 411663712 series 3519223
In this conversation, Joshua Kahr speaks with David Wolfe, managing partner at Skoloff and Wolfe (https://www.skoloffwolfe.com/), about tax appeals and property tax assessments. They discuss the challenges property owners face with assessments and revaluations, the importance of understanding assessment ratios, and the deadlines for tax appeals. They also explore the process of tax appeals, including negotiations based on the income approach to value. David shares some surprising cases and challenges in the field of tax appeals and discusses the future plans for the firm.
Chapters
00:00 Introduction and Background
03:00 Understanding Property Tax Assessment
06:23 Challenges with Assessments and Revaluations
12:12 Deadlines for Tax Appeals
14:05 The Process of Tax Appeals
20:48 Negotiating Assessments Based on Income Approach
22:21 Dealing with COVID-19 Impact on Assessments
26:31 Contingency-Based Pricing Model
29:31 Surprises and Challenges in Tax Appeals
35:23 Future Plans for the Firm
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47 episode