In the following podcast, Jeremy Chitlik, a Senior Manager with SC&H Group’s State & Local Tax practice, provides insights into managing the appeals process for 2014 commercial real estate property tax assessments in Washington, D.C.
Many commercial property owners in the District of Columbia were stunned to learn that in 2014, their real property tax assessments increased 25 percent or more. However, the real impact will not be felt until 2015 when the actual bills for these assessments come due. That is why it is important to understand the timeline so the assessment can be appealed if necessary.
There are three levels of the appeals process. The first level is initiated when the owner or owner’s agent appeals the initial real property tax assessment to the Office of Tax and Revenue (OTR). If adequate relief is not achieved at the first level then an appeal may be filed at the second level, formally known as the Real Property Tax Appeals Commission (RPTAC). In the unfortunate event that the matter cannot be resolved at the first two levels of appeal, a third level of appeal may be pursued at the Superior Court of the District of Columbia.
In addition, navigating the tax calendar can also be confusing. As such, SC&H Group is offering the following white paper and calendar that will help commercial property owners manage this entire process.
If you have any questions about the appeals process, or are interested in learning more about SC&H Group’s services in this area, we welcome you to contact Jeremy here. To learn more about SC&H’s Real Property Tax Services, click here.