Written By Ron Kingsley, LCA Tax Attorney and Owner
Taxpayers Should Sign-Up Annually for An Assessment Review
Lake County Appeal’s residential and commercial 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 if we filed a successful appeal): Yes, you should sign-up every year for the following reasons:
- Assessed values and property sale prices change regularly. Each year, LCA files hundreds of successful appeals for properties that we determined were fairly assessed in the prior year. Each year, Lake County Appeal also files many successful appeals for properties for which we got a reduction in the previous year;
- Our up-front fee is a small percentage of your Lake County property tax bill. Moreover, our long-term clients sign-up every year because one never knows in which year LCA will be able to obtain a property tax reduction for them, but they have found that we will eventually be able to. The property tax savings in that year will, in all likelihood, be far greater than the sum of the annual assessment review fees and the contingent fee, thereby putting the client way “ahead of the game”; and
- Appeal or not, taxes in Lake County are oppressively high, and the only way in which we, as taxpayers, have a direct say in how much we pay in property taxes is when we ensure the correct valuation of our properties. Our review service allows our clients to make certain that, although their taxes are high, they are paying their fair share and no more, which can bring peace of mind.