[New Feature]
Follow Our Work...

Sonoma County Hotel Reduction
Today we were able to work out a great reduction on a solidly performing hotel in Sonoma County. Through our requests and filing of the application for changed assessment we were able to get the 2010 assessed value reduced from just over $5,700,000 to $5,120,000 – this in a year when the hotel industry was [...]

Contra Costa Vacant Residential
5 acres of land in the city of Lafayette. This case involved an undeveloped tract of land in the hills above the city of Lafayette in Contra Costa County. Originally purchased at auction in 2008 for a little over a million dollars. Because it was purchased at auction there was a small...

Vacant Residential Land – San Bernardino
On Monday we had 3 separate cases of vacant residential development land in San Bernardino County, high desert area. We were successful in each one of the appeals saving our client over $14,000 for the 2009 tax year. This of course after the County denying any reduction was warranted! Project 1 was reduced from $925,000 [...]

Los Angeles House Reductions
As stated in the prior post, we had a huge day in Los Angeles for a number of clients. Due to our filed application for changed assessment, we had hearing officer appointments for an entire day in Los Angeles County and below is what we were able to do for our clients with Single Family Residences: From $778,594 to $750,000 - Property Tax Savings of $300 From $650,200 to $617,000 - Property Tax Refund due of $350 From $814,066 to $700,000 - Property Tax Reduction of $1,200 From $650,000 to $500,000 - Property Tax Refund due of $1,600...

Los Angeles County Property Tax Reductions
We had a big day late last month in Los Angeles County resulting in many reduction for our clients. Below is list of the property tax reductions were able to achieve through our hearing office appointments resulting from our filed applications for changed assessment: Office Building: From $1,448,000 to $1,000,000 - Savings of over $4,500! Retail: From $2,420,000 to $1,700,000 - Refunds to our client of over $7,200!......

Orange County Industrial Reduction
This property is a large industrial building on a few acres of land. At first glance, the property appeared to be well below value. In 2009, the assessment was at $10,400,000 and we were able to prove a reduction to $8,800,000. In 2010, it was solidly performing and any other property tax agent would have done a search for some comparable sales and realizing it was already reduced 20% would probably...

Orange County Industrial Reduction
The subject property is a warehouse in the Placentia area. We were able to secure a reduction in the 2009 year from $1,980,000 to $1,565,000. Now, through our application for changed assessment we were able to prove an additional reduction to $1,200,000.....

Kern County Big Box Reduction
After working with the County of Kern on what used to be a National Bookstore, we were able to secure a major reduction for our client for both the 2010 and 2011 years. This after not even having filed for he 2010 year! ....

Orange County Office Condos
We were also to prove reductions on a couple office condominiums in Orange County today. These are located in the Irvine area and for 2010 were assessed at $921,000 and $775,000. We had already secured reductions for 2010 through our Proposition 8 Request for Review to $555,000 and $440,000 respectively. A typical property tax agent would have been ecstatic about these reductions and likely would have...

Orange County Retail
Due to our pending application for changed assessment we were able to work out a reduction on a retail property in the Fullerton area of Orange County today. The County appraiser had offered a small reduction on the 2010 assessment of just over $850,000 but we didn't feel it was adequate. After declining their offer and...

[View All]

Apartment Owners Save with CAPTA

Property Taxes Are Affecting Your Bottom Line
If you're reading this, it's because every dollar matters. One of the highest expenses affecting your Net Income is property taxes. Too often, property taxes are placed in the Non-Controllable Expense category and property owners assume that the only thing to be done is to issue the check. That is not true at all, especially when your property's value has declined. If your property manager's fees were too high, wouldn't you try to find a way to pay less? So too should you challenge your property taxes while values are down.


The Property Tax Appeal Process
Simply stated, Proposition 13 provides that when a property owner purchases his or her property under normal conditions, it is presumed that the purchase price shall be the fair market value or the assessed value for property tax purposes. This beginning value is called the “base year value.” Prop 13 goes on to say that each year the Assessor can raise that base year value by no more than 2% to account for inflation. That’s great news for markets like we had in 2004 and 2005 as your property values were limited to 2% increases even if you had a 10% increase in value. So far so good.

But then something strange happened: the real estate market went backwards and real estate prices fell. For the first time people were stuck with assessed values higher than their property was actually worth. To remedy this problem Proposition 8 was passed which, simply stated, allowed the Assessor to reduce the value in any year that the fair market value of the property fell below the value on the assessment roll. This was intended to provide temporary relief for the property owner as the Assessor retained the right to raise the value in any year that the fair market value exceeded the value on the roll up to it’s factored base year value (the value that would have been on the roll had no reduction been given).


Why Choose CAPTA?
In our years of experience we have seen other companies come and go. Some decide property tax appeals would be a good way to scam you out of your hard earned money; others have "real jobs" but attempt to pursue property tax appeals as a side job. Through it all one thing is certain - CAPTA isn't going anywhere. And being contingency based, CAPTA won't stop until we appeal your property's value to the lowest possible. Time and time again we see other companies take what is "given" them by the County Assessors. At CAPTA, that simply isn't good enough. We couldn't have become as successful as we are by being satisfied with the Assessor's opinions. That is after all why we exist: to insure your property is assessed at FAIR market value, not the Assessor's opinion.

CAPTA is completely contingency based. We will represent you to reduce your property tax liability by using our experience and knowledge of the Property Tax Assessment Appeals system in California. And the best part to you? If you do not receive a property tax savings, credit or refund, you owe us nothing. No Savings, No Fee! Learn more about why CAPTA is the right choice for you.


Our Fee
At CAPTA we understand that every dollar matters and that's why we won't simply take what is offered to us by the Assessor's office, but will fight for the lowest possible value making sure you save the most possible. We also understand you have choices in this industry, some of which advertise lower rates than CAPTA. Being an apartment owner, you know that you get what you pay for. Our position - We think outside the box.

Too often in this industry we see other firms take the bone thrown to them by the Assessor's office. At CAPTA, we aren't satisfied until we get what we prove. If that means we spend more time and money on your case, that's exactly what we'll do. If that means we make multiple trips to the Assessor's office for hearings, that's exactly what we'll do. We think of it as cleaning all the meat from the bone. What does that mean for you? The biggest refunds, the biggest savings and the lowest tax liability. You've seen scrolling across the bottom of the screen some of our recent results - take some time to view more examples of what we've done and can do for you. Then, you can read through some example cases we've prepared to see to what extent we will go to lower your property's assessed value.


California Property Tax Assessment Appeal Experience and Services

• Representation by a company experienced in virtually all property types
• Filing of all necessary paperwork throughout the year
• Pressure on the Assessor through informal requests and formal appeals
• Comprehensive research to determine the lowest possible value each year
• Full-time professional staff ready to work with the Assessor at any time
• Negotiation with Assessor's office prior to Assessment Appeals Hearing
• Full Representation at the County Assessment Appeals Board Hearing as necessary