Most real estate tax abatement cases heading to a final hearing require the testimony of an appraiser. Two, in fact: one for the taxpayer, and one for the taxing authority. Sometimes there is even a third appraiser, who gives his or her opinion as to the quality of one or the other reports prepared by the appraisers prior to the … [Read more...]
General Articles
October 2017 Property tax exemptions; Evictions – landlords can be too nice; Easements – can you prevent others from using your easement?
Don't mess-up the tax exemption for municipal real estate. New Hampshire exempts real estate owned by municipalities from the state real estate tax except where the property is used or occupied by a non-exempt party under a lease or other agreement requiring that party to pay the taxes. RSA … [Read more...]
May 2017 NH Real Estate Law Alert – Gates and Bars; Real estate right of first refusal; Big Green frat boys lose twice
Upcoming Event: On June 12 & 13 Paul Alfano will be speaking at Real Estate Book Camp, a comprehensive two-day seminar sponsored by the National Business Institute and featuring ten noted New Hampshire attorneys. Paul is scheduled to speak on “Tax Matters in Real Estate,” with a focus on how property owners can reduce their property tax … [Read more...]
April 2017 NH Real Estate Law Alert – Private road maintenance; Education property tax exemption; Amazing but true – monkey selfies
Upcoming Event: On June 12 & 13 Paul Alfano will be speaking at Real Estate Book Camp, a comprehensive two-day seminar sponsored by the National Business Institute and featuring ten noted New Hampshire attorneys. Paul is scheduled to speak on “Tax Matters in Real Estate,” with a focus on how property owners can reduce their property tax … [Read more...]
April 2016 NH Property Tax Alert- Income approach to value; Unmarried person’s interest in real estate occupied with partner; December 31 lot consolidation deadline.
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 … [Read more...]
March 2016 NH Property Tax Alert – Did you miss the March 1 Tax Abatement Deadline?; Tax sales – not fair market; Spot assessing; Sunday laws; If you request a tax abatement, can the municipality increase your assessment?
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. In … [Read more...]
January 2016 NH Property Tax Alert : March 1 tax abatement deadline; Gifts; Mortgage discharge penalty; Evictions; Amazing but true – you can’t kiss and make up
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 … [Read more...]
Paul Alfano and Phil Hastings to co-host a Lunch & Learn series on Tax Abatements
Paul Alfano and Phil Hastings will co-host a session of the popular Lunch & Learn series at the Concord Chamber of Commerce on Tuesday, January 19, 2016 11:45 AM thru 01:00 PM. This session will include information on the basics of tax abatement including contesting, documenting, and filing your tax abatement before the March 1st … [Read more...]
December 2015 NH Property Tax Alert – Current Use Update and Supplemental Tax Bills; 2015 NAPTA Annual Meeting; Adverse Possession; Class VI highways
Current Use Update and Supplemental Tax Bills In the recent case of JMJ Properties, LLC v. Town of Auburn (August 11, 2015), the New Hampshire Supreme Court ruled that towns could issue replacement, or supplemental tax bills, against property that had come out of current use prior to April 1. Property tax practitioners were curious to … [Read more...]
October 2015 NH Property Tax Alert – Homestead Exemption; Fines for Zoning Violations; Ski Injury Litigation; NH Tax Amnesty
New Hampshire Homestead Exemption Will Rise to $120,000 Beginning January 1, 2016 The New Hampshire Homestead Protection Act allows property owners to declare a portion of their property a "homestead" and thus off limits to unsecured creditors, in cases of financial hardship, bankruptcy, or upon death of a spouse or loved one. The exemption … [Read more...]