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The following article was published in our article directory on April 19, 2019.
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Article Category: Real Estate
Author Name: Jonas Perov
Ontario property tax assessment firm Navitax announced the expansion of its tax services to include the review of taxes assessed by the Ontario Municipal Property Assessment Corporation (MPAC) on changes in assessment and omitted assessments. The firm helps clients challenge existing property taxes based on MPAC property assessments and appeal these assessment and tax classifications for tax savings.
More information about Navitax is available on their website about property tax consulting services.
The Ontario MPAC reassessment specialist firm's suite of services now covers the end-to-end evaluation of a property. This comprehensive evaluation process includes a detailed analysis of prior and current tax bills, MPAC assessment vs. the market value of the property, and prior tax hikes. Other factors investigated include land use patterns, site accessibility, environmental concerns, property specifications, and other factors that influence the taxable value of the property.
The outcome of Navitax analysis is used to help the clients challenge of property tax assessments and examine eligibility for tax incentive schemes. Navitax provides tax incentives for farms, managed forest lands, conservation land, waterfronts, and other qualifying properties with reductions of up to 25 percent on existing tax payments.
In addition to enabling an MPAC reassessment, Navitax also investigates land characteristics, classification, zoning, leases, rent rolls, demographic patterns, and possible future use. The firm's evaluation also provides clients with a comprehensive overview of the history, status, and potential of a property to improve the chances of achieving a property tax reduction.
Anyone wondering how to reduce property tax in Ontario can get in touch with the expert team to discuss their case and get the best results on a success fee basis, meaning the clients only pay Navitax when they are successful in reducing the property tax bill and they only take a percentage of the savings from those bills.
According to a spokesperson for the London, Ontario property tax reduction management firm, "The expansion of our services underlines our commitment to helping owners and tenants understand their MPAC assessment and framing a cogent appeal. These appeals are typically based on existing market conditions, tax incentives, tax increments, zoning regulations, land use, and other factors."
Headquartered in the city of London, Ontario, Navitax is a property tax management firm providing vacant land, multi-residential, commercial, and industrial property evaluations and tax reassessment services on a no win, no fee basis. The underlying mission behind Navitax is to successfully reduce the property tax for owners, landlords, and lessees. It works to substantially improve savings and improve its tax management. More information is available over the phone at 519-601-4829 and on their website.
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