Archives: Case Studies

  • Slow Start Becomes a Tax Savings Bonanza!

    Slow Start Becomes a Tax Savings Bonanza!

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    by

    Michael Middleton

    All that you need to know:

    Results Overview In 2015, a condominium owner on Spear Street in San Francisco enlisted Protax LLC to reduce their property taxes. The property had been purchased in 2009 for $2.8 million, and its assessed value had been steadily increasing in accordance with Proposition 13. Challenge Initially, the partnership progressed slowly, with no tax savings realized…

  • Significant Tax Savings for a Premier Office Building in the Inland Empire

    Significant Tax Savings for a Premier Office Building in the Inland Empire

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    by

    Michael Middleton

    All that you need to know:

    Results Overview Protax LLC successfully appealed the assessment of one of the most prestigious office buildings ever constructed in the Inland Empire. Initially assessed at over $43 million, the property struggled in a challenging rental market, remaining largely unoccupied for several years as the owner held out for top-tier rents. Challenge Excessive vacancies from 2013…

  • Significant Tax Reduction for a New Luxury Hotel in Southern California

    Significant Tax Reduction for a New Luxury Hotel in Southern California

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    by

    Michael Middleton

    All that you need to know:

    Results Overview In 2013, a developer of luxury hotels constructed a stunning new property in Southern California. Confident in their understanding of the market value, they initially appealed the assessment independently. However, the Orange County Assessment Appeals Board upheld the taxable value at over $41 million, resulting in an unexpected and significant long-term financial liability.…

  • Tax Reduction: Section 515 Low-Income Housing Project

    Tax Reduction: Section 515 Low-Income Housing Project

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    by

    Michael Middleton

    All that you need to know:

    Results Overview Since 1995, Protax LLC, a leading property tax consulting firm, has been a dedicated advocate for Section 515 low-income apartment complexes across California. By the year 2000, Protax LLC had secured its position as the primary representative for the majority of these properties, managing over 330 complexes statewide. Through its advocacy efforts, Protax…

  • Successful Base Year Appeal for Vacated Special Needs School

    Successful Base Year Appeal for Vacated Special Needs School

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    by

    Michael Middleton

    All that you need to know:

    Results Overview A client of Protax LLC purchased an industrial building on Venice Blvd that had been vacated by a special needs private school for $4,526,000. However, the county assessed the property at $10,375,000—an over-assessment of $5,849,000, or more than double the purchase price. Challenge Protax LLC faced the challenge of pursuing a base year…

  • Protax Secures Relief for Bay Area Office Property

    Protax Secures Relief for Bay Area Office Property

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    by

    Michael Middleton

    All that you need to know:

    Results Overview Protax LLC successfully represented a Bay Area client by achieving a substantial reduction in property assessment for their office building. This case demonstrates Protax’s expertise in responding proactively to shifting market conditions and navigating complex real estate valuation challenges. Challenge Despite maintaining near-stabilized occupancy, the office property was adversely affected by several unfavorable…

  • Base Year Reversal Leads to Massive Homeowner Refund

    Base Year Reversal Leads to Massive Homeowner Refund

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    by

    Michael Middleton

    All that you need to know:

    Results Overview Since 2011, Protax LLC has been assisting a client with securing temporary Proposition 8 reductions across five properties. Recently, the client faced a significant challenge when one of these properties was incorrectly reassessed, leading to a substantial increase in tax liability. The client sought a permanent reversal of this erroneous assessment. Challenge Following…

  • Main Street Condo Enjoys Double Dip Tax Savings!

    Main Street Condo Enjoys Double Dip Tax Savings!

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    by

    Michael Middleton

    All that you need to know:

    Results Overview In 2016, an immigrant purchased their dream home—a luxurious $2.6 million condo in downtown San Francisco. However, the local real estate market took a sharp downturn due to the pandemic, leaving the property over-assessed and the owner burdened with inflated property taxes. In 2021, Protax LLC was engaged to provide essential property tax…

  • Condo Owner Maximizes Their Property Tax Savings

    Condo Owner Maximizes Their Property Tax Savings

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    by

    Michael Middleton

    All that you need to know:

    Results Overview In 2018, a homeowner in Santa Monica partnered with Protax LLC to reduce the property taxes on their condominium. The goal was to minimize the property tax burden and achieve substantial long-term savings. Challenge The partnership began slowly, with no tax savings in the first year and only a modest 5% reduction in…

  • Condo Owner on Fremont Street Realizes Ever-Increasing Tax Savings!

    Condo Owner on Fremont Street Realizes Ever-Increasing Tax Savings!

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    by

    Michael Middleton

    All that you need to know:

    Results Overview Protax LLC successfully managed the property tax appeals for a high-value condominium on Fremont Street in San Francisco. Over several years, a combination of informal requests and formal appeals led to progressively larger reductions in the property’s assessed value, resulting in substantial and increasing tax savings for the owner. Challenge The initial property…