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#1 |
Senior Member
Join Date: Apr 2004
Location: Topsfield
Posts: 57
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Thanked 12 Times in 4 Posts
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I recently requested, and was subsequently denied, an abatement of real-estate tax for my summer cottage. IMO Tuftonboro has valued the place at about twice what it's worth and compared to similar properties it also stands out as high. Can anyone offer advice on what the next steps are to seek appeal of the town's decision? Are there any good resources or abatement companies that have a successful track record? Any info appreciated.
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#2 |
Senior Member
Join Date: Jan 2005
Posts: 3,494
Thanks: 221
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There is a firm out of Portsmouth that solely does abatement work. We used him for our industrial building in Milton and it worked well. I will try to find the name for you.
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#3 |
Junior Member
Join Date: Oct 2007
Posts: 1
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we had a similar issue in wolfeboro. petitioned tax board with sales of other homes that were hundreds of thousands less and was denied. The letter we got said also we noticed lots of improvments to your property. Basically, if you push this to the state tax board you will loose and we will come back and re do it to a higher rate. We had actual sales and were denied. A friend on parker island road did go with apprasial in hand and won. Next year they increased it even more.
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#4 |
Senior Member
Join Date: Apr 2004
Location: New Hope, PA & Barndoor Island
Posts: 465
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We used one here in PA for our home and got a reduction - not sure if its the same in NH as you have annual re-assessments. I would think that they can just put it right back where it was the next year and you start all over again - as related by wentworth6.
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#5 |
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Join Date: Jul 2006
Posts: 579
Thanks: 125
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I use Atty. Phil Broulliard of Laconia for tax abatements. He works on a contingency - 1/2 of the 1st year's tax savings if he secures a reduction. Give him a call: 524-4450. He's abating my property in Tuftonboro right now.
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#6 |
Senior Member
Join Date: Apr 2004
Location: Topsfield
Posts: 57
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Thanks for the replies. I'm getting whacked since I have several abutting lots. Strongly considering rolling it all into a single parcel. It would reduce the assessment significantly. I'll give Phil in Laconia a call to see what he thinks. Thanks for the tip!
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#7 |
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Join Date: Jan 2005
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Here is the info for the company that we used:
Property Tax Advisors Christopher Snow 125 Brewery Lane #6 Portsmouth, NH 03801 603-427-1122 csnow@nhpta.com www.nhpta.com |
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#8 |
Senior Member
Join Date: Apr 2004
Location: New Hope, PA & Barndoor Island
Posts: 465
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Might reduce your taxes but will also reduce your resale value.
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#9 |
Senior Member
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Walmart has been able to appeal its' local New Hampshire prop tax and recoup $511,000 from four different NH towns, including 160,00 from the property poor town of Claremont. So, how does Walmart do it? Do they hire a lawyer who secretly kicks back half the first year's savings with the local assessor or what?
In Ashland, one of the selectmen just last month got arrested in the Plymouth Hannaford's parking lot for shop lifting a grocery cart full of groceries because he said he was low on cash. At the time he was said to say something like: "Hey, I may be broke but we still need to eat!" Someone like that would probably be an understanding and sympathetic judge when considering a local property tax appeal! www.goodjobsfirst.org/states/new-hampshire ...a couple clicks into this website...
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... down and out, liv'n that Walmart side of the lake! |
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#10 | |
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Join Date: Jan 2006
Posts: 6,724
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The Following User Says Thank You to tis For This Useful Post: | ||
ITD (09-14-2011) |
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#11 |
Senior Member
Join Date: Aug 2006
Location: Moultonborough, NH
Posts: 484
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I don't agree. Assessments can be all over the board and to use them as a guide for making a purchase can be a big mistake. This is why banks use an independent appraiser vs a towns assessment to determine value.
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#12 |
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Join Date: Sep 2004
Posts: 1,254
Thanks: 423
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Keep in mind that town taxes are a team sport. The objective is to judge all the property fairly and equally. If they drop everyone's evaluation by 20%, your tax won't go down one penny. That requires a reduction in spending or bending of your individual value. The only way to lower your individual tax is to raise everyone else to compensate. I image they get a lot of pressure to avoid that.
That said, if they screwed up in your value when compared to other's values then an adjustment makes perfectly good sense. Unfortunately, everyone's property values dropping, has not decreased the appetite for spending. |
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#13 |
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www.vnews.com/07222010/6840189.htm: A July 22, 2010, VALLEY NEWS, Lebanon-Hanover & vicinity, local NH newspaper article that speaks generally about Walmart appealing its property taxes in N.H.
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... down and out, liv'n that Walmart side of the lake! Last edited by fatlazyless; 05-21-2011 at 04:41 PM. |
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#14 |
Senior Member
Join Date: Feb 2005
Location: Gilford, NH and Florida
Posts: 3,003
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Several years ago I went to the town of Gilford and appealed the assessment for my lot. I first spent some time at town hall looking at every comparable property and the town's valuation of each one.
I then brought a list of comparable waterfront lots and gave it to them detailing why each one was different than mine and why my lot, in comparison to those assesments, should be valued lower. Things such as slope and buildable area are important in determining value. In principal they agreed and they went to my lot again to have another look. They found a third dock that was legal but they hadn't been taxing me on it. The net result was my valuation dropped by about $75,000 so it was certainly worth the effort. |
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#15 | |
Senior Member
Join Date: Jan 2006
Posts: 6,724
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I agree with Local Realtor. Assessment doesn't have much to do with resale. |
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#16 |
Senior Member
Join Date: Jul 2009
Location: On the move...
Posts: 987
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Depending on the amount, hire an attorney. I've found that some Town Assessors almost take abatement requests personally.
When we built our current house, I found out that our assessor had been tagging along with the CEO during his final inspections of all new construction homes. I worked with the builder and put a stop to it and the assessor was miffed that they could not tag along. If the sales price and obvious age of the home were not enough they should not be assessing. |
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#17 | |
Senior Member
Join Date: Feb 2009
Location: North of Boston
Posts: 203
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Is the assessment for just the parcel with your house reasonable to you? It's the value of the adjoining lots that is driving up your total bill? Nice problem to have! Sell off the separate lots if you don't use the property and you no longer want to pay taxes on them. |
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#18 |
Junior Member
Join Date: Sep 2011
Posts: 1
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Think twice before hiring Chris Snow of Property Tax Advisors in Portsmouth.
Sanctioned by the NH BTLA in June 2011 (see http://www.nh.gov/btla/decisions/sea...-09ptorder.pdf for the entire document) because "mediation reports were not filed in a timely manner...and admitted he did not file the required mediation reports until after the board issued default orders." Eight of nine appeals were affected by his laziness. "Mr. Snow failed to cure the noncompliance with Tax 203.07 even after issuance of each default order. The board finds the defaults in these appeals remained uncured even after Mr. Snow filed his mediation reports because they contain incomplete and misleading information and no actual settlement meeting or actual substantive compliance with Tax 203.07 was achieved." "Upon review of these facts and the important underlying issues, the board finds the appropriate sanction is to exclude each of the appraisals Mr. Snow failed to submit to the municipalities on a timely basis and in compliance with the board’s rule..." Once you lose your appeal, the only recourse is to wait for the next filing period and hire a competent tax representative, not just someone who thinks he is. Buyer beware. |
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