Unique entertainment property saves $100,000+

We were contacted by the manager of a unique entertainment property to resolve their outstanding tax appeals because the county assessor was not working with their current property tax consultant. CRE Tax Appeal coordinated a visit to the subject property, conducted interviews with managers and owners of similar entertainment properties, researched the market for these properties, determined a fair market value for this entertainment property, and found relevant case law to support the valuation methodology used. The presentation of these appeals required more than six hours of testimony, reviewing thousands of pages of information, and presenting a persuasive case with about 200 pages of evidence. The judges ruled in the property owner’s favor and $100,000+ was refunded to the property owner.