Your Video Resource Library for Property Tax Management.
When considering your largest real estate expense, most people think of utility charges, insurance costs, H.R. fees paying for your employees administration and a slew of others. But would it surprise you if in fact property tax is your largest expense? In 2017 in the US alone over five hundred and thirty billion dollars was paid in property tax and upwards of 300 billion was paid by owners and multi-property portfolios businesses organizations.
Property taxes are a significant line item on balance sheets and income statements. As tax laws change, consistent data is important to real estate owners, managers and occupiers. Watch as Rethink Solutions President explains how to maintain good, clean data as part of the overall property tax management process.