Paradigm Tax Group Industry News

Paradigm Tax Group Industry News

Stay informed with the most current Industry News that affects your business and impacts property taxes across the nation.

    Mecklenburg County Looks to Shorten Property Tax Revaluation Cycle

    19 Nov, 2018

    With a current property tax revaluation cycle of eight years, Mecklenburg County, North Carolina is eyeing a shorter timeline in the future to help minimize drastic valuation changes for property...

    How to Convert Your Office Building’s Capital Expenditures to Cash

    14 Nov, 2018

    As you go through the 2019 budget process with your office buildings, you will undoubtedly have to look at every major expense item in great detail.  There are two major expense items that are a...

    CRE Pricing Shows 1st Monthly Drop Since January

    12 Nov, 2018

    Commercial real estate pricing ebbed in October, posting its first monthly decline since January. The Ten-X Commercial All Property Nowcast fell 0.1 percent from September, resulting in muted...

    CVS to Pilot Stores with Expanded Healthcare Services After Aetna Deal Closes

    7 Nov, 2018

    Following its roughly $69 billion acquisition of health insurer Aetna expected to close before Thanksgiving, CVS plans to open its first concept stores early next year that will focus on improving...

    It's Not Too Late to File a 2018 Property Tax Appeal in Texas

    23 Oct, 2018

    In 2018, the Texas property tax appeal deadline was moved up by two weeks. Prior to last year's change to May 15th, the Texas deadline for appeals had always been May 31st. With the new deadline...

    California Property Tax Split Roll Initiative Qualifies for 2020 Ballot

    18 Oct, 2018

    Since Proposition 13 was passed in 1978, California properties are taxed based on a value tied to the year they were purchased and are only reassessed upon transfer of ownership or change of...

    Top 7 Things to Consider When Reviewing Your Property Tax Vendor Performance

    11 Oct, 2018

    It’s that time of year again. In many states, informal property tax appeals are wrapping up and you may be struggling to decide whether you should litigate because you are disappointed in the...

    Multifamily Developers Face Rising Construction Materials Prices, Labor Shortages

    4 Oct, 2018
    The threat of tariffs is putting pressure on prices of construction materials and driving up project costs for multifamily developers and contractors. Due to anticipation of tariffs  on a...

    Property Tax Alert: Mecklenburg County 2019 Revaluation

    25 Sep, 2018

    For the first time since 2011, Mecklenburg County, North Carolina is conducting a countywide revaluation of all residential and commercial real estate for property tax assessment purposes. The...

    Why You Need a Property Tax Estimate Before Finalizing an Acquisition

    19 Sep, 2018

    Finding a new asset that will truly complement your growing portfolio is always exciting to think about. You have done your homework, forecasted out income and expenses, and the IRR on this deal...