How To Dispute Real Estate Tax Assessment In NY State?

June 22, 2023George Barrett

The real estate market in New York is very complex. Filing a real estate tax assessment dispute in New York State can be overwhelming. This guide outlines the necessary steps to dispute a tax assessment, including filing deadlines, the dispute process, and how to prepare for a hearing.

Deadlines For Filing A Tax Dispute

The first step in disputing a real estate tax assessment is understanding the filing deadlines. All disputes must be submitted to the appropriate local taxing authority within the time frame prescribed by law. Generally, this period runs from when the assessment was issued to when the tax is due.

Understanding The Dispute Process

After the dispute has been filed, the local taxing authority will decide whether to accept or reject the dispute. If the dispute is accepted, the case will be heard before a judge decides whether to reduce the assessment. 

If the dispute is accepted, the taxpayer must present evidence supporting their claim that the property is assessed incorrectly. This could include recent sales of comparable properties, real estate transfer tax, evidence of physical deterioration, or other relevant factors. 

Collecting Additional Information

The taxpayer may also be asked to provide additional information such as income statements, tax returns, and other financial documents. The judge will then decide whether to reduce the assessment based on the evidence presented. The ruling of the judge is final and cannot be appealed.

Preparing For The Hearing

Before the hearing, preparing a strong argument for why the assessment should be reduced is important. This should include evidence such as photographs, appraisals, and other documents that support the claim. It’s also important to familiarize oneself with the local real estate tax law.

Presenting The Case At The Hearing

The taxpayer must present their case at the hearing before the local taxing authority judge. This includes providing evidence, answering questions, and responding to any objections raised by the local taxing authority. It’s important to remain professional and courteous throughout the process.

Post-Hearing Considerations

After the hearing, the judge will issue a decision. If the assessment is reduced, the taxpayer will be responsible for paying the reduced amount. The taxpayer will pay the full amount if the assessment is not reduced. 

Appealing The Decision

If the taxpayer is unhappy with the judge’s decision, they can appeal it to a higher court. This process can be lengthy and expensive, so it’s important to consider all the options before deciding to move forward with an appeal.

The taxpayer may appeal to the court if the assessment is not reduced. This appeal must be filed within 30 days of the judge's decision, and the taxpayer must present evidence to support their claim that the assessment should be reduced. 

If the court favors the taxpayer, they will reduce the assessment, and the taxpayer will be responsible for paying the reduced amount. If the court finds against the taxpayer, the taxpayer will be responsible for paying the full assessment amount.

Notes For How To Dispute Real Estate Tax Assessment In NY State

Disputing a real estate tax assessment in New York State can be complex. Following the steps outlined in this guide will help ensure that the dispute process is handled properly and efficiently.

If you are interested in more articles like this, here’s one about the average salary of a real estate agent in New York.

George is the visionary behind NY Real Estate Trend. With over 20 years of experience in the real estate industry, he has a deep understanding of the New York market and a passion for helping others navigate it.
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