Homeowners across the nation and here in Cincinnati are appealing their property taxes. Since counties assess property taxes every 3 years it is important for homeowners to be vigilant, making sure that they are paying their fair share and not more.

In our area we pay property taxes in arrears. The bill you receive in the next few weeks is actually for the first half of 2012. With that in mind, you are paying taxes based on the value of your property one year ago.

Appealing your property taxes could result in a reduced tax bill. Depending on where you live and the date of your most recent tax assessment, your property values may have declined. In order to file an appeal for a reduction in property taxes it is important to gather information that shows the decline in your home’s value during the tax period. If you win an appeal and your taxes are reduced, it will not negatively impact your property’s resale value. The taxable value is a snapshot of what your home’s value was in January 2012 and the market is continuing to improve.

As a thank you to all of my network for your referrals and continued support of my business, I can help you gather the necessary research to guide you through the Property tax appeal process.  If you win an appeal all taxes paid on January 31, 2013 will be credited toward your future tax bill. If you are interested in finding out more information on how to appeal your Cincinnati property taxes feel free send me an e-mail. All appeals must be sent to the county by March 31, 2013. I have helped many clients and friends win their appeals so don’t hesitate to call or email me.

Happy New Year!