LOGIC Commercial Real Estate announced this month the opening of a new division of business services – LOGIC Property Tax Appeal.
According to a Nov. 10 press release, LOGIC Property Tax Appeal assists business owners and real estate investors in lowering property tax expenses by working on behalf of the owners to appeal their property tax value.
The new division is headed up by Shawn Heine, Partner at LOGIC Commercial Real Estate, which has offices in Reno and Las Vegas. He previously worked for a Fortune 200 company contesting the taxes on their assets.
“With nearly a decade of experience in property tax appeal and a background in real estate law, I have the knowledge needed to make the property tax appeal process seamless for any client,” Heine said in a statement. “As a father and husband, I know how precious of a commodity time is. My mission is to provide a service that saves business owners and real estate investors money, while allowing them to focus their time on the things that matter most to them.”
Per the release, the typical tax appeal process can be cumbersome for property owners. First, owners must obtain current assessments to determine if the property’s taxable value is excessive in relation to comparable properties. Then, they need to file a formal protest with the local county appraisal office. They would then commence negotiations with the assessor to obtain a lower taxable value. If unsuccessful, they need to present evidence at a formal hearing in front of the county appeal board.
LPTA manages the entire process for their clients.
“At LOGIC, we believe in providing a comprehensive solution for our commercial real estate clients, and the addition of the Property Tax Appeal service is another way we are working to optimize their investments,” LOGIC CEO Brendan Keating said in a statement. “We are excited to welcome Shawn and his team to the LOGIC family and know his unique skills and expertise will help to benefit the bottom line for property owners across the country."