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  • Webinar: How to Read Your Tax Bill

Webinar: How to Read Your Tax Bill

  • March 09, 2022
  • 9:30 AM - 10:30 AM
  • Zoom Webinar - Info to follow

How to Read a Commercial Real Estate
Tax Bill in Cook County 

Brought to you by the Education Committee and
Government Affairs Committee.


When:
Wednesday, March 9, 2022
9:30 am to 10:30 am
m.
Via Zoom 


Cost: FREE

Presented by Ali ElSaffar, President of the Cook County Township Assessors Association, Oak Park Township Assessor and an Attorney.


Want to make your business better, but don't know where to turn? We are bringing in an expert from Cook County to layout best practices, and help property managers stay on the cutting- edge.

The tax attorney has different things he needs from the property manager to be able to fight the taxes, i.e., rent roll, vacancy reports, marketing materials, and they might want an appraisal done. The data can be cumbersome if you are not keeping accurate, up-to-date records and the filing period is short. It's also very interesting to understand how the bill is generated to get a feel for how the total bill comes about. Retail tenants pay a percentage of tax increase as do also larger office tenants in some instances. Those tenants want to know that you are diligently fighting tax increases and the leases state that they can fight them if you are not. Those tenants also pay their proportionate share of that tax attorney bill, so again, they want the most bang for their buck.

Webinar Objectives:

  • What components make up the tax bill - how is it compiled to get to the grand total you pay?
  • How do you appeal your taxes?
  • Do you need to have an appraisal to appeal your taxes and when is one helpful?
  • What records/data will you need to appeal your taxes?
  • How is your property assessed?
  • How often is it re-assessed? This is different from county to county.
  • Why does my tax bill continue to rise year after year?

Who Should Attend?

  • New Property Managers, Assistant Property Managers, Accounting Administrators,
  • Anyone Who May Handle Tax Bills.


To register send an email to [email protected]



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