Lake County tax case dismissed for lack of subject matter jurisdiction – Olivia Covington – Indiana Lawyer.com

A northern Indiana trial court must dismiss a case it originally transferred to the Indiana Tax Court, the Indiana Court of Appeals ruled Monday after finding insufficient evidence to prove the tax court’s jurisdiction.

After the Department of Local Government Finance issued its first “weighed average” township assistance property tax rate in 2015, the town of Griffith sought to transfer out of Calumet Township under Indiana Code section 36-1-1.5-2. That section, enacted in 2013, allows “eligible municipalities” to transfer to an adjacent township if their original township has a township assistance property tax rate that is 12 times higher than the statewide average.

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Look Beyond Acquisition Price to Reduce Property Tax Assessments – David A Seuss – Multifamily Executive

Multifamily property owners and appraisers are often creatures of habit. They generally calculate a property’s value for tax purposes the same way they do for an investment. If an apartment complex recently traded for $10 million, the buyer’s appraiser may reason that the property would be assessed at $10 million for taxation purposes.

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This recent article in the Multifamily Executive highlights a case that Innovative Property Tax Solutions recently won at the Indiana Board of Tax Review.  Our results provided our client thousands of dollars in tax relief.  

Here is a link to the case…

Take a look and call us to see how Innovative can save you valuable tax dollars too!! 219-472-8682