POSSESSORY INTEREST

PROACTIVE-ENROLLMENT-OF-BASE-YEAR-VALUE.jpg

POSSESSORY INTEREST

Avid appealed the base year assessment of a Possessory Interest parcel in San Diego on behalf of the developer. Our efforts reduced the base year assessment of the land by more than 63% and generated a refund more than $2,300,000 for the taxpayer. Additionally, due to this base year reduction (permanent) the taxpayer will save more than $340,000 per year in property taxes as long as they lease the property.

Find out how Avid Tax Group can leverage our unparalleled knowledge and superior communication to deliver exceptional results for your organization.