Written By, Jill Odzer – Lake County Appeal – Commercial Analyst Do you know what your home is worth and that there are several legal approaches to saving money on your property taxes? When you hire Lake County Appeal, our job is to convince the Board of Review that your property is over-assessed. The Read More …
Author: Shelly Rothstein
Taxpayers Should Sign-Up Annually for An Assessment Review
Lake County Appeal’s residential clients frequently ask: Should I sign up every year? Our answer is always the same (regardless of whether we found a property to be fairly assessed in the previous year or we filed a successful appeal): Yes, you should sign-up every year for the following reasons: Assessed values and home sale Read More …
Lake County Increases the Senior Freeze Gross Income Limit to $65,000
When a property tax payer in Lake County applies for and subsequently receives a senior freeze, the assessed value of the relevant property will not be increased from the prior year’s assessed value. Lake County has increased the maximum amount of annual gross income that a taxpayer’s household can earn to qualify for the freeze from $55,00 to $65,000. Read More …
Other Ways You Can Reduce Your Lake County Property Tax Burden!
Written by, Ron Kingsley – Lake County Appeal Owner and Tax Attorney If Lake County Appeal (“LCA”) can reduce your Lake County property’s assessed value, your property tax burden will decrease. Additionally, there are many exemptions available to taxpayers that can reduce the burden even more. Make certain that you are receiving all of those you are Read More …
7/26/17 Would a Property Tax Freeze Be Good for Lake County Taxpayers?
Written by, Ron Kingsley – Lake County Appeal Owner and Attorney In an attempt to curb out of control Illinois property taxes, Governor Rauner, along with the Illinois legislature, recently proposed various pieces of legislation to freeze Illinois property taxes, and the Illinois Senate passed one of them, although it is unlikely to become law. Read More …