The Facts (and Faith) Needed to Capture Obsolescence for Property Taxation
The impact of obsolescence, both functional and external, on property values will often prove to be the most challenging hurdle in obtaining property tax reductions. The fact is: owners of assets in the complex manufacturing, telecommunications and energy industries understand the struggles involved in quantifying obsolescence and "making it real" to their respective assessing authorities, given today's pressures to maintain a "good neighbor" position within their communities.
Duration is 1 hour
This webcast highlights recent developments in the consideration and quantification of obsolescence in these industries, including unitary valuation considerations and local assessment experiences.
- Bob Herman, Managing Director
- Kathryn Tronsberg, Director
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