INSTEAD OF PAYING 10K, COMPANY RECEIVES $90K

The Problem

Who likes a good comeback story? We do. One of San Diego’s largest biotechnologies company was in the process of completing its annual 4-year audit by the San Diego County Assessor’s office when they called upon Paramount Property Tax Appeal’s expertise.

At the time, the company was looking at having to pay approximately an extra $10,000 in taxes. Given the size of the operation, this appeared to be a typical outcome. 

Our Solution

The company solicited our help to see if there was anything we could bring to the table to potentially reduce these taxes. As we began our review, we noticed numerous property type misclassifications as well as omissions made by the County Auditor. After our review and some negotiations with the County Assessor, we were not only able to wipe out the proposed $10,000 bill; we were able to obtain a refund for the client in excess of $90,000.

The Results

On top of their $90,000 refund, the company will receive continued savings for the foreseeable future due to our successful efforts.

Why Choose PPTA

• Staffed by CPAs, certified appraisers, and former county assessors
• Professional hearing representation at every stage of the appeal
• 45,000+ appeals filed
• 85% success rate
• No upfront cost
• $100M+ in refunds secured for clients
• 24% average assessment reduction
• $50B+ in assessed value under management
• Fee structure based on a percentage of the tax savings or refund you receive
• Experience across all commercial and multifamily property types
• Clients range from private investors to institutional owners, including Fairfield, Sunroad Enterprises, Brookfield, Mill Creek Residential, and Jade Enterprises
• Services provided across California, Colorado, Texas, Nevada, Arizona, and Washington