Property Taxes

A manufacturing company in Central Ohio was due for a new assessment for real property taxes by Franklin County.

The Challenge

Prove to the County that the company real estate was overvalued and needed to be reduced thereby reducing real property taxes paid.

The Solution

GBQ SALT in conjunction with a local law firm performed an analysis for the company which clearly demonstrated that the property was overvalued and therefore over assessed on real estate taxes paid. GBQ filed for a reduction in property taxes of approximately $40,000 per year for the next three years.

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