Tax Assessed Value Reduction in Columbus, OH

Tax Assessed Value Reduction in Columbus, OH

Investor · Columbus, OH · Member since 2015 · 8 posts · 1 vote

Hello, just curious if anyone has had any luck with lowering tax assessed values in the Columbus, Ohio market? Any tips?

Thanks,

Andy

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  • Rental Property Investor · Nashville TN · Member since 2014 · 56 posts · 30 votes
    10y

    Hi @Andy Howell!

    My rental properties are not in Columbus but they are in Youngstown in Mahoning County.

    Every year, I go through all of my properties to see if I can lower my assessed value and bring my taxes down.  Last year, from 4 properties, I got $1,444 back from my taxes! AND the process only took about 5 min to do.

    Basically, you appeal the assessed value of your property and the appeals board reviews it.  Most counties make it pretty easy with just one form. I filled out a form for each property and mailed it in.  6 months later I got checks back from the County with my over paid taxes!

    I wrote about it all and how I did it on my blog post.  If you want to see it, you can find it here: http://bit.ly/1WueX9x

    I hope you get your taxes down!

    Dustin

  • Investor · Herndon, VA · Member since 2015 · 185 posts · 74 votes
    10y

    I would also  be interested to hear what others have to say. I am working with my team to appeal over property tax assessed value in the Dayton, Ohio market. Not sure about its success but worth a shot.

  • Investor / Landlord · Columbus, OH · Member since 2015 · 276 posts · 174 votes
    10y

    @Andy Howell If you PM me with your contact information, I can hook you up with 2 individuals who are very familiar with the process and have each made many appeals over many years with good success.  FWIW, one of them mentioned to me on Monday that he would be at the landlord meeting at Tommy's Pizza tomorrow night (Thursday the 21st). (See the Patrick Mullin thread you posted on earlier today for more info about the meeting.) 

  • Rental Property Investor · Mansfield, OH · Member since 2014 · 35 posts · 19 votes
    10y

    I am closing on an 8 unit in Columbus hopefully in the next couple of weeks. One of the first things that I will be doing is challenging the assessment. Ed, if it is not too much trouble, I would appreciate your contacts as well. I will pm you with my information.

  • John HornerPro Member
    Flipper/Rehabber · Columbus, OH · Member since 2013 · 1k+ posts · 655 votes
    10y

    We just used Irving "Buddy" Marks on a 4plex we purchased in Westerville and he was successful in reducing the value!

    Pm me and I'll send you his contact info!

  • Rental Property Investor · Columbus, OH · Member since 2014 · 340 posts · 111 votes
    10y

    Hi all

    I too have lowered my property taxes. I used Kirk Douglas to submit them for me but I plan to give it a go myself on some other places. My experience was pretty similar to the others that about six months after submission I got a check in the mail for the overage. Definitely worth the effort!

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