Custom Services Tailored to Your Needs…

Flanagan | Bilton LLC provides comprehensive services customized to the property tax requirements of individual portfolios.  Clients can take advantage of one or more of nine essential services:

Advice on Purchases - Before purchasing a property, we investigate its tax status and offer recommendations to secure a reasonable valuation after purchase.

Application for Tax Incentives - After consulting with the owner, we prepare the necessary forms to participate in any applicable tax incentive programs.  We also file documents for tax map consolidations or divisions.

Management of Taxes and Property Improvements - While improvements are being constructed, we monitor partial assessments and petition the assessor to correct or adjust original assessments - and when necessary, change the property’s classification.  We also review, verify, and analyze the assessors’ cost approach to line items on the record card, ensuring that assessments are limited to actual improvements.

Analysis of Assessments - After the assessor establishes an assessment, we analyze that assessment in terms of cost, sales, income, and uniformity - reviewing market value versus business value.  It’s important to realize that real estate property taxes should not be based on non-real estate value or assets.  After reviewing the property’s value, we recommend whether to file a complaint.  Where appropriate, we will file the complaint and attend related hearings.

Appearance Before the Review Board - We report the results of assessment complaints and recommend appropriate action.  If appropriate, we file complaints with the board of review or equalization and present evidence at hearings on those complaints.

Analysis of Final Assessments - We report results of the review board hearings, analyze final assessments, process tax payments - under protest when necessary.  If further action proves necessary, we prepare, file, and try cases at state boards of review or in court.

Trial of Tax Injunction Cases - If necessary, we can prepare, file and try tax injunction cases, or declaratory judgment cases involving tax exemption or tax legality issues.  In addition, we can file and try federal court cases under the Civil Rights Act, Motor Carrier Act, “4-R” and Bankruptcy Act.

Property Tax Administration - For many clients, we establish a post office box for all tax notices and bills.  For clients seeking Internet-based property tax management, our affiliate, National Tax Search (NTS), offers an online property tax tracking and reporting system that verifies all bills, reports and delinquencies, and generates online tax status reports.

Online Database - Each client can also take advantage of Flanagan | Bilton’s state-of-the-art online client reporting system.  Using your individualized password, access our secure database of information on your properties in a variety of formats - from searching for a specific assessment to generating and downloading reports on the entire portfolio.

 

 
 

Flanagan | Bilton LLC
200 E Randolph St, Suite 6900

Chicago, IL 60601

(312) 782-5000