Aiding taxpayers|Helping homeowners lower their property taxes as a part-time business idea can be a good if not the best home based business opportunity for many. A lot of people are struggling to keep up with property tax increases. Bankruptcies are being filed and people are losing their houses. People shouldn't be paying taxes higher than what their properties are worth.
Many families can use someone to look over their shoulders when it comes to their property taxes. Few have the knowledge or time to figure out if they are overpaying their property tax assessment. Many errors exist, especially with comparable home prices decelerating. This home business is a legitimate home business opportunity. As a property tax consultant, you help people with their taxes.
A property tax consultant works on a contingency. This means that the service does not cost the customer homeowner any money (other than a small process fee) unless you achieve a property tax assessment reduction for them.
If you win the assessment appeal, the client rewards you with a portion of the property tax reduction. It doesn't cost the homeowner anything unless you work a win for them ... and it is relatively simple to win.
The amount of savings you reduce the homeowner's property taxes by is your fee. For instance, if the property taxes were $9,000 and you saved the client 22% on their assessment, your fee would be $1,980. Generally you structure the payment due over a 2 or 3 year period.
Home prices are falling and it is not hard and relatively easy to find recently sold homes that sold for less than what your client home was assessed for. The best way to win an appeal is to collect data on values of similar properties and you only need to make the property presentation and include supporting evidence to make your case stick.
Property tax consultants charge a small onetime fee to analyze the taxes and property tax appeal possibilities for a client. The higher assessed homes will give you a better financial reward for the effort since the time involved with either one is about the same.
A lot of people are disturbed over their high property tax bill and finding customers is quite easy. This little known work from home business is a blessing for the homeowner. Local government is generally constantly raising their tax amounts instead of cutting back.
Many families can use someone to look over their shoulders when it comes to their property taxes. Few have the knowledge or time to figure out if they are overpaying their property tax assessment. Many errors exist, especially with comparable home prices decelerating. This home business is a legitimate home business opportunity. As a property tax consultant, you help people with their taxes.
A property tax consultant works on a contingency. This means that the service does not cost the customer homeowner any money (other than a small process fee) unless you achieve a property tax assessment reduction for them.
If you win the assessment appeal, the client rewards you with a portion of the property tax reduction. It doesn't cost the homeowner anything unless you work a win for them ... and it is relatively simple to win.
The amount of savings you reduce the homeowner's property taxes by is your fee. For instance, if the property taxes were $9,000 and you saved the client 22% on their assessment, your fee would be $1,980. Generally you structure the payment due over a 2 or 3 year period.
Home prices are falling and it is not hard and relatively easy to find recently sold homes that sold for less than what your client home was assessed for. The best way to win an appeal is to collect data on values of similar properties and you only need to make the property presentation and include supporting evidence to make your case stick.
Property tax consultants charge a small onetime fee to analyze the taxes and property tax appeal possibilities for a client. The higher assessed homes will give you a better financial reward for the effort since the time involved with either one is about the same.
A lot of people are disturbed over their high property tax bill and finding customers is quite easy. This little known work from home business is a blessing for the homeowner. Local government is generally constantly raising their tax amounts instead of cutting back.
About the Author:
Before regarding just any business idea, investigate probably the best home based business around. Property tax consulting is about finding discrepancies in property values and challenging false assessments. Since the burden of proof falls on the individual homeowner, few have the time or the know-how to challenge their property taxes effectively.
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