LIEB BLOG

Legal Analysts

Showing posts with label assessment. Show all posts
Showing posts with label assessment. Show all posts

Tuesday, October 26, 2021

26 Oct

New Law: Tax Assessments of Non-Residential Properties outside NYC

Have you ever wondered how the government assesses the value of your property for real estate tax purposes? Yes, there are 3 different types of appraisals, including comparable sales, income capitalization, and cost basis. However, each uses sales data of similar properties to develop a value. But, what is the legal...