How Property Tax Appeals Help Your Clients

In 2015, all Chicago properties will be reassessed for property tax purposes. The Chicago Association of REALTORS® encourages its members to advise clients to appeal. When assisting a client with the buying or the selling of a property, knowing how the property tax system works can be a critical service to a client. Given the forecast that indicates the city’s tax rate may rise, making sure a property is valued correctly for tax purposes is crucial. Cook County Assessor Joseph Berrios spoke at the February CommercialForum Networking Breakfast where he emphasized the importance of the appeals process. Property owners have only 30 days to file an appeal once they receive their assessment, and an appeal can lead to reduction of tax liability and significant savings. 2015 Cook County Assessment Schedule C.A.R. members who specialize in property tax consulting: CommercialForum Committee Members Molly Phelan Kearney & Phelan, Ltd. map@kearneyphelan.com www.kearneyphelan.com Office: (312) 263-6456 Mobile: (773) 620-3203 George Relias Relias & Tsonis, LLC grelias@rtpropertytax.com (312) 428-3021 C.A.R. Members Guy Ackermann (312) 636-9018 guy.ackermann@gmail.com Azeem Ayoob Domicile Brokerage Azeem587@yahoo.com (773) 991-8205 Stella Black Stella Black Real Property Consultants Inc proptaxms@aol.com (312) 701-0079 Kurt Fujio Kurt F. Fujio, Attorney at Law realestatelaw@kurtfujiolaw.com (312) 798-9652 Anastasia Poulopoulos Law Office of Anastasia M. Poulopoulos, P.C. www.appealmytaxes.biz appealmytaxes@yahoo.com (312) 208-1747