Property taxes are typically one of the largest operating expenses for commercial property owners, landlords, investors, asset managers and tenants. Any person or entity that has an interest in a piece of real estate has a right to appeal the taxes.

The most common issues leading to property tax appeals are disputes over the estimated fair market value of the property, the proper classification of the property and whether the property was assessed equally when compared to other similarly situated properties.

Larkin Hoffman has assisted clients in reducing and managing their property tax obligations for decades. We help assure our clients are being treated fairly and help them reduce their tax burden so they can reinvest that savings back into their business.

Our Team

Larkin Hoffman’s property tax appeal team functions like a boutique firm with the resources, capacity and strength of a large firm. We bring valuation and litigation experience together which gives our team unmatched bench strength and depth to pursue the best outcomes for our clients.

Our Approach

We manage commercial property taxes through developing relationships, proactive management and collaborative valuation with assessors. We work to keep property taxes off our clients’ minds by handling every part of the process.

Examine – Identify opportunities for adjustment

Pursue – Tailor strategy for optimal tax savings

Optimize – Manage your portfolio to maximize long-term value and efficiency

Filing Property Tax Appeals

Our property tax appeal attorneys file appeals in all Minnesota jurisdictions, gather required information and file all required statutory disclosures. We negotiate reductions in assessed value for all years under appeal, including future years, and litigate assessed values and other valuation issues.

Property Tax Management

We monitor property values and changes in properties and market conditions every year, keeping clients up-to-date on the fairness of assessed values and providing recommendations on whether to appeal the valuation of a particular property. We also have access to exceptional market data sources, including Redicomps, which is only available to licensed appraisers. Our attorneys work with developers to ensure that values are set correctly from the beginning of a project and throughout the process until the project is stabilized.

Costs and Timing

Our property review is completely free – we do not charge to review the prospects for appeal. Property tax appeals are typically handled on a contingency basis, so clients and owners are not responsible for legal fees unless we achieve a reduction. 
• Filing fees for property tax appeals generally cost between $350 and $450 per year on each property. 
• Generally, appeals take two to three years to complete. 
• The deadline to file property tax appeals is April 30 in the year the taxes become payable.

Representative Clients and Properties