Many companies pay more in local property taxes than they do in sales and income taxes combined and assume that it's just another fixed expense.  That doesn't have to be the case.  Lowering property taxes by negotiating a fair and equitable assessment is one of the most important steps a company can take to immediately reduce its expenses and increase its cash flow.  While most firms pursue income tax strategies, far too few subject property tax assessments to the same scrutiny.

BLS Consulting has experienced and qualified individuals who have years of history providing savings, and specialize in property tax reductions, to businesses throughout the United States.

Some of the items studied for commercial real estate property include:

  • Whether the authorities are properly valuing the assets based on the use, type of construction, size, capacity, etc.
  • The fair market value of the property on the open market.
  • Economic obsolescence that may exist such as add-on construction, out of date design, and/or lack of modern construction materials and methods.

It is very important that assets be placed on the tax rolls in a fair and market justifiable manner.  Should inaccuracies occur, we can address them and employ supportable date to establish an accurate assessment.

Negotiate property tax reductions and instantly improve your cash flow.  We have testified and negotiated property tax reductions with local and state authorities for properties such as:

  • Light and Heavy manufacturing
  • Hotels
  • Shopping Malls
  • Chemical and oil refineries
  • Coal and nuclear electric power generating plants
  • Office Buildings
  • Steel Mills

Target opportunities include:

  • Industrial & Commercial facilities paying >$50,000 in property tax annually
  • Older industrial plants with add-on construction throughout the years creating obsolescence
  • Newly constructed buildings where taxable value is above actual cost to construct
  • Companies with multiple locations or recently consolidated locations