Paying too much property tax

It’s been said that there are 2 sure things in life: death and taxes. The first one, death, is non-negotiable. However, regarding taxes (on our property) there’s good news! These can be appealed! But here’s a question, is a tax appeal something that:

A. only the rich do
B. is so hard to do that it’s not worth it
C. something that anyone is capable of doing

If you answered C, you are right!

But how does it work? Take a look at the video below that explains the first step. Or you can read
an excerpt from the Jefferson county PVA website (below the video)

Excerpt from Jefferson county PVA website:

“Step 1: Conference at the PVA Office
Under state law ( KRS 133.120) property owners who wish to contest their assessment must first hold a conference with the PVA Office during the annual Open Inspection Period (OIP). Each year the OIP begins on the first Monday in May and continues for a thirteen day period including two Saturdays.

Documentation that supports your opinion of value must be submitted during your online conference or mailed to the PVA within 24-hours of your online conference submission. Documentation submitted to the PVA will be considered the property of the PVA. Please retain a personal copy before submitting documentation.

While conferences with the PVA are usually informal, you may choose to have someone represent you. Anyone who is hired to represent you must submit a letter of authorization and must be an attorney, certified public accountant, certified real estate appraiser [a Louisville appraiser is often best], Kentucky licensed real estate broker, an employee of the property owner, or someone who holds a professional appraisal designation (see bottom of page) recognized by the Kentucky Department of Revenue.

For convenience, a telephone conference can be arranged for those with physical disabilities or other limitations if not conferencing by mail. If you schedule a telephone conference, a Conference Form, as well as any documentation that supports your opinion of value, must be mailed to us prior to your scheduled conference.”
-End of excerpt, brackets ours

The majority of people accept the outcome at the first level or step. However, if you are not satisfied with the outcome after the first step, then you have the option of moving to the second, if you are still not satisfied, you can then utilize the 3rd and final step (please see link above for 2nd and 3rd steps).

The one thing to remember is that appealing your property taxes is not as hard as you may think, and if you just don’t have the time you can easily have an authorized representative do it for you.

If you find this information interesting or useful, please subscribe to this blog and like Choice Appraisal Services, LLC on Facebook. Also, please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos. If you need a Louisville, Kentucky area residential real estate appraisal services for any reason, please request an appraisal fee quote or book us to speak at your next event. We will do everything possible to assist you.

Thanks for reading,
Conrad Meertins, Jr. 502-309-2323