Your Guide to Outsourcing in Property Tax Management

Real estate teams are typically working with external consultants to help them carry out the property tax management function. What's more, consultants aren't typically managing the entire property tax lifecycle. Instead, they're typically working with real estate teams specifically to manage assessments and appeals. As much as this can help contain costs, it can also introduce complexity.

But property tax is much broader and more complex than property tax assessments and appeals. Tax payments, forecasts, budgets, accruals, and fees also need to be managed in order to contain costs and optimize resources.

Overseeing who has access to what data, ensuring appropriate permissions, and ensuring you own the data when consulting engagements wrap up are important considerations.