THE ADVANTAGES OF OUR APPROACH
Given the magnitude and complexity of property taxes, our professionals provide expertise and guidance in these matters. Our property-specific capabilities and vast databases are unique in the industry, enabling us to counsel our clients with solid and reliable details and market intelligence, ensuring that we provide the best tax advice. Consultation with local real estate professionals, i.e. brokers, appraisers, property owners, property managers, and utilizing resource tools (Price Waterhouse Coopers publications, LoopNet and Co Star, etc.) Allows us to be knowledgeable of current market trends in the state of Alabama, the Southeast Region of the United States and in the nation.
EXPERIENCE AND RESOURCES
Our Property Tax Manger has extensive experience and specialization in virtually all types of commercial property, self-storage, hotel/motel, apartment, retail, warehouse, industrial, office and more in the ad valorem tax field. We have the capability to perform property tax-related services in a timely, efficient, and cost effective manner.
The Alabama Department of Revenue Property Tax Division’s Property Tax Plan for Equalization requires all sixty-seven (67) counties to utilize the Alabama Real Estate Appraisal Manual in their valuation process. Our in-house expert is uniquely qualified to understand the strengths and weaknesses of the Alabama property tax system, having worked in this career field for over twenty-five years, thus affording JOHN STANLEY & ASSOCIATES TAX APPEAL SERVICES, LLC client’s an advantage over other such service providers.
UNDERSTANDING THE LAW AND NEW LAWS
JOHN STANLEY & ASSOCIATES TAX APPEAL SERVICES, LLC is uniquely qualified to assist our clients with property tax appeals in the State of Alabama. Our Property Tax Manager has worked over 25 years in the ad valorem property tax field in the State of Alabama administering the law (Code of Alabama, Title 40- Revenue and Taxation). JOHN STANLEY & ASSOCIATES TAX APPEAL SERVICES, LLC expert knows the property tax laws of Alabama and will utilize this knowledge to ensure our clients are fully represented.
TRIGGERS FOR AN ASSESSMENT REVIEW
- Annual reappraisal cycles in Alabama
- New Construction
- Chronic vacanc
- Relocation to new markets
- Purchase or sale of properties
- Pre-acquisition tax analysis
- Annual budget preparation
- Tenancy changes
- Physical deterioration
- Functional and/or economic obsolescence
- Market area changes (physical, economic, governmental and social)
- Reduced operating costs
- Improved profit margin on gross lease properties
- Responsible tenant advocacy
- Response to tenant review of operating cost budget
- Confidence in ensuring an equitable assessment
- Pre-acquisition operating cost budget
- Recognizes a property specific concerns not recognized under mass appraisal