A Guide to Nassau County Property Tax Assessments & Grievances
Ted Kritikos and John Macaluso of Compass Real Estate’s Macaluso Team sit down with Nassau County property tax assessment expert Mike Fuchs to discuss tax assessments and how Nassau Country residents can lower their tax burden.
If you are a Nassau County, New York resident, the information in this video could save you thousands in annual taxes.
Key points from our conversation are timestamped, below:
00:00 – Introductions
00:43 – About Mike
01:52 – What are property tax assessments?
03:14 – What factors make up your property tax assessment?
04:19 – How often do property tax assessments occur?
07:03 – What is a property tax assessment grievance?
10:35 – What is the process for grieving a property tax assessment?
11:59 – What factors could be beneficial to your grievance and lower your assessment?
13:30 – How long does it take to submit a grievance?
14:30 – How can a homeowner work with a third party for their grievance?
16:30 – What makes a good comparable?
19:43 – Does a lower tax assessment impact the resale value of your home?
21:02 – Discussing recent changes to Nassau County property taxes
22:31 – How else can a homeowner lower their property tax burden?
27:33 – What does a successful grievance mean for a homeowner?
28:25 – Mike’s top 3 takeaways for homeowners.
29:18 – How to contact Mike Fuchs.