Has anybody ever hired a lawyer to reduce their property tax burden ? St. Louis is jumping and I don't want to decrease my cash flow for property taxes. Anybody know a lawyer who does this for residential SFH ?
You're better off with a RE investor-focused tax professional. They will be able to do more for you, and can often set up the same legal entities that an attorney would.
@JM Payne . I have a tax person property taxes are my issue just eating up cash flow for me tbh. But I’d be open if you have one that you can recommend that does this type of work.
I was assuming you meant on the structure side. If you literally mean to reduce the actual tax, then I have had luck approaching the assessor's office directly, with comps in hand, and having a friendly conversation about how they arrived at their numbers. Sometimes they just happen to have bad comps. It also helps if you have a long-standing relationship and good rapport with them. I'd try that before I send in the big guns. Hope that helps, good luck!
PAR Residential in Clayton, MO is the solution for you. I have used them the last few year with great success. You do not need a lawyer to fight your property taxes...you need a company that does nothing but fight property taxes. Look them up and give them a call. Note that you just missed the 2019 review windows (July-August each year).
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