Monthly Archives: March 2020

Barrington Township Assessment Notices Mailed

Barrington Township 2017 assessment notices have been mailed by the Cook County Assessor’s office. Each year you have a 30 day opportunity to appeal your assessment valuation at the Assessor’s office. The deadline to file a 2017 property tax appeal for properties located in Barrington Township is April 10, 2017.cook seal v2

We believe reviewing your assessment annually, even in non-reassessment years, to determine whether or not an appeal makes sense is in your best interest. Barrington Township was reassessed in 2016 and is next scheduled to be reassessed in 2019. Therefore, if you make a successful 2017 appeal you will see the savings for two years, until the 2019 reassessment.

Contact Us For Your Free Cook County Property Tax Appeal Estimate

New Trier Township 2020 Assessment Notices Mailed

New Trier2020 property assessment notices were mailed by the Cook County Assessor’s office on Thursday, March 5th, to New Trier Township property owners. The window to appeal your 2020 assessed value is now open until the deadline of May 1st.

We recommend property owners review their assessments annually and appeal whenever there is a strong evidence based argument that your home may not be assessed fairly. New Trier Township was reassessed in 2019 but even if you appealed last year you may appeal your assessment again this year. A successful appeal in 2020 may result in two years of savings, until New Trier is reassessed in 2022. The best way to ensure you never pay more than your fair share in property taxes is to review your assessment every year and appeal whenever you have a strong basis for an appeal argument, no matter where your township is at in the triennial reassessment cycle.
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How to Read Your Cook County Property Tax Bill

How to Read Your Cook County Property Tax BillIt’s probably your least favorite piece of mail that you will receive all year: your Cook County property tax bill. How do you read it, when can you appeal it, when are these reductions applied, and when are property tax exemptions applied?

Read on: all will be revealed in this blog post.

First Installment & Due Date

Unless you are a fully exempt veteran that is disabled 70% or more, the first installment of your Cook County property tax bill is automatically calculated to be 55% of the total that was due in the previous year. A law passed by the Illinois Legislature in 2009 raised the first installment tax from 50% to 55% of the prior year’s total tax. The first installment payment due date is always the first business day in March.
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Commercial Property Managers: The Property Tax Appeal Success Formula

Commercial Property Tax AppealsFew issues are as complex as Chicago property taxes for commercial property owners, with factors like perceived market value, income, and several other factors determining your tax bill. Given the fiscal crises in Illinois, Chicago and other municipalities, the likelihood of future commercial property tax hikes is strong.

The Good News: there is an easy, no-risk way for commercial property managers like you to save their owner clients thousands per year on their property taxes.
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Partial Property Tax Deferral Available for Some Harris County Residents

Harris County

If you live in Harris County Texas and you’re worried that you won’t be able to pay the total amount due on your property taxes, a deferral is an option to postpone paying part of them.

It’s a deferral of taxes on increases in the value of your primary residence and it allows you to postpone paying taxes on a portion of the appreciating value of your home. You must file a tax deferral affidavit to take advantage of this option, which can be done for free at the Harris County Appraisal District’s (HCAD) office.

How Does It Work?

According to HCAD, this residence homeowner tax deferral allows eligible homeowners to pay property taxes on 105% of the preceding year’s appraised value of their home, plus the taxes on new improvements, and postpone paying the remainder for as long as they own and live in the house. The remainder of the taxes must be paid on time every year and interest on the deferred amount will accrue at 8% a year.
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