Many Los Angeles-area apartment owners are overpaying property taxes without realizing it.  Wes Nichols provides a practical overview of the appeal process and what current market conditions mean for your assessment.

What You’ll Learn:

• How to determine whether your apartment property is eligible for a property tax appeal.
• How rising cap rates, increasing concessions, and stalled rent growth are creating strong property tax reduction arguments today.
• Why rent-controlled properties are particularly vulnerable to over-assessment, and how Assembly Bill 1482 has expanded tax reassessment appeal opportunities.
• Understand the income approach to valuation and what it means for your property tax bill.
• How to complete the Preliminary Change in Ownership Report (PCOR) correctly to protect your assessment.
• What the appeal process looks like from start to finish, including key deadlines.

Wes Nichols, Founder & CEO, Paramount Property Tax Appeal

Wes Nichols is the Founder and CEO of Paramount Property Tax Appeal, a firm dedicated to helping income property owners secure fair and accurate property tax assessments. Since founding the company, Wes has led efforts that have resulted in more than 45,000 property tax appeals and over $100 million in tax savings for clients. Paramount serves multifamily, office, retail, and mixed-use property owners throughout California and several western states, using detailed income analysis, market data, and comparable sales to identify assessment reduction opportunities. Under Wes’s leadership, the firm manages the entire appeal process on a contingency basis, helping owners reduce expenses and improve property performance.