As a follow up to a previous post, those keeping track of the debate on allocating tangible and intangible assets for the purpose of real estate taxation may find this article interesting. In summary, the article suggests that methods used to allocate the value of the real estate that fail to account for "return on" as well as "return of" capital … [Read more...]
Commercial Appraisals for Real Estate Tax Purposes in Kentucky
Despite their best efforts, government officials sometimes get it wrong when assessing the value of your commercial real estate for tax purposes. Here's why. First, your local Property Valuation Administrator (PVA) is charged with appraising tens of thousands of properties within each county. Faced with such a task and having limited resources … [Read more...]