Alfano Tax Abatement Presentation
On October 28, 2016, Alfano Law Office attorney, Paul Alfano, spoke to a group of commercial real estate brokers about property tax abatements. The seminar was presented by NHCIBOR and covered the following topics:
The General Court has extended the deadline for property owners to restore involuntarily merged lots to December 31, 2021. The statute works like this: if you own two or more lots, and your lots were merged by the municipality in which they are located prior to September 18, 2010 without your … Read the rest
Attorneys Alfano to Speak at CIBOR Seminar
On October 28, 2016, Alfano Law Office attorney Paul Alfano will be speaking at the CIBOR Seminar on property tax abatements in New Hampshire and surrounding New England states. With more than thirty years of experience, the Alfano Law Office team has recovered millions of dollars in overpaid property taxes for commercial and … Read the rest
So You Filed An Abatement Appeal Application… What’s Next?
The New Hampshire deadline for filing an appeal of a municipal property tax abatement application for the 2015 tax year was September 1, 2016. While the initial push to complete the appeal applications before the deadline is over, many of our clients wonder: what’s next?
While the process depends on the … Read the rest
Pokemon Go? Not On My Property!
One of the most notable trends of 2016 thus far is undoubtedly Pokemon Go. The craze has swept the world, and smart phone users everywhere are wandering the streets looking for Pokemon. But what happens when players venture onto private property?
Unfortunately for many players, property laws remain unchanged despite the rise of the … Read the rest
Assemblage is not permitted for assessment purposes
Assessors may not “assemble” lots under current ownership for valuation purposes if the lots do not adjoin. Being connected by a private way is not sufficient. See Appeal of David H. Johnson, 161 N.H. 419 (2011).
Two new transfer tax exemptions.
As of this writing, HB 1656 has passed both the House and … Read the rest
Income capitalization approach to valuation
Here is how the New Hampshire Supreme Court characterizes the income approach to value: The income capitalization approach measures the present value of property on the basis of the future net income the property could produce for the owner. The net income is the rent the property would generate on an open market less the … Read the rest
You missed the March 1 deadline – now what?
March 1 was the deadline to request an abatement of real estate taxes under RSA 76:16,I(b). The courts and BTLA have been strict in holding taxpayers to that deadline. If a proper abatement application was not filed by March 1 then the taxpayer lost the right to challenge their 2015 assessment. … Read the rest
March 1, 2016 is the deadline to challenge your 2015 real estate taxes.
Please keep in mind the deadline to challenge your 2015 real estate taxes is March 1, 2016. For more information on the application process, please visit our web site: http://www.paula89.sg-host.com/tax-abatement/
Disproportionality versus methodology
When challenging an assessment, what matters is disporportionality. One … Read the rest
