Written by Ron Kingsley
LCA Tax Attorney and Owner
Many residential and commercial property owners were shocked by recent increases in property tax bills. One of the reasons for the increases is that many properties’ assessed values were raised because of the booming housing market, resulting in increases in property taxes owed. The other reason is the higher-than-usual 2023 inflation rate.
Written by Ron Kingsley
LCA Tax Attorney and Owner
My Journal Courier
By Mark Glennon
If only somebody had good news about property taxes, which have long been a hot button issue in Illinois. But the news is now worse. More importantly, nothing indicates relief will come.
Illinois now edges out New Jersey for the highest effective property tax rates in the nation. That’s according to a report this month by Attom Data Solutions, a leading source on the topic.
Written by Ron Kingsley, LCA Tax Attorney and Owner
In general, I have found that Lake County Appeal's clients are aware of at least one of the two most common grounds for property tax appeals in Lake County: one based on comparables sales ("comparable sales appeals"), and one based on equality of assessment ("uniformity of assessment appeals"). However, they are often unaware that either (or both) can be grounds for a property tax appeal.
Written by Ron Kingsley, LCA Tax Attorney and Owner
Written by Ron Kingsley
LCA Tax Attorney and Owner
By: Mike Miletich
SPRINGFIELD, Ill. (WAND) — Lawmakers on both sides of the aisle hope an independent study of Illinois property taxes can lead to solutions for the broken system.
Sponsors and advocates know Illinois has one of the highest and most burdensome property tax bills in the country.
Local and state leaders have previously created commissions and task forces to study property taxes, but those groups failed to appropriately study the issue
By Rukmini Callimachi
By Rukmini Callimachi
Buying your first home has long been a milestone of adulthood. So has selling your first home and moving into something bigger. But in the last few years, many Americans have gotten stuck in their starter house.
Written by Ron Kingsley
LCA Tax Attorney and Owner
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 filed a successful appeal): Yes, you should sign-up every year for the following reasons:
