First-Hand Knowledge: How to Secure the Best Multifamily Property Tax Reductions

William Ryan Feb 23, 2020
2 min read
First-Hand Knowledge: How to Secure the Best Multifamily Property Tax Reductions

You wouldn’t buy a property without doing the due diligence of an in-person visit, maybe even more than one. Google Earth or satellite views are nice tools, but they can’t replace being physically at the property and seeing the asset first-hand. Why should representing your property in a property tax protest be any different?

How can your tax agent know the issues your property is truly facing: location, demographics, shifts in the economy, storm damage, etc. without visiting your property? In short, they can’t truly know. They may make assumptions, or guesstimate about effects, but their testimony will lack the fullness necessary to achieve the best results at the board hearing your protest.

Tax agents who put their clients’ best interest first, will visit your property annually. It may be time to give your tax agent a grade. Ask your agent when they last visited each of your properties. Have them show you pictures and notes taken on their visit. Will they make their contingency fee conditional upon visiting your property? If not, why won’t they commit to giving you the representation you deserve to achieve the best tax savings?

We make the Wayfinder Guarantee part of our business. We guarantee to visit our client’s properties annually or we won’t charge a fee for our services. We know that we provide the best representation when we physically visit the properties, the communities and the jurisdictions where they are taxed. This process has allowed us to consistently secure bigger and better reductions than our competitors.

Wayfinder Tax Relief, LLC is the #1 multifamily property tax specialist in the industry. They focus solely on multifamily properties and are at the cutting edge of the industry change. They are involved in many local apartment associations and are members of the Texas Apartment Association and the National Apartment Association.

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