Wednesday, November 15, 2017

Tips to Save On Heating Costs This Winter

Long Island doesn't feel much like an island in the Winter months. We have that typical northeast weather that requires a lot of tea, hot chocolate, sweaters and comfy socks. There are some good aspects of Winter, but one of the worst ones is the cost of heating your home and water. Luckily for you, your friends at P.T.R.C. Inc. are here to save your some money again:

heating costs | property tax reductions


Turn Down the Thermostat
Did you know that every degree on your thermostat is worth about 3% of your overall heating bill? For example, leaving the thermostat at 72°F will have you spending 9% more than leaving it at 69°F. Take this into consideration when your family says they need more heat! 

Bundle Up 
Adding an old sweater or sweatshirt to your in home wardrobe is a great idea to help cut down costs. You don't need to look fabulous for the family, but comfort is key! When you're going to be home for a large portion of the day, don't dress like you're on a Bahamas vacation. 

Upgrade Your System 
A lot of people make the mistake of thinking that repairs are more worth it because of the lower initial cost, but they would be wrong. If your furnace or boiler is more than 15 years old, repairs could wind up being a waste of money. You'll repair the fan and then the pilot will break, or something else will falter and the cycle will go on. Consider buying a new high efficiency unit if your old furnace or boiler is on the fence. 

Utilize Fans
During the Winter months your fan should run in a clockwise direction on low speed. This will circulate the warm air throughout your home so your furnace or boiler doesn't have to work as hard. Keeping them running counter-clockwise will have the opposite effect and suck hot air right away from you! 

Once you are done saving on utility bills, you can turn your focus to property taxes! Since 1990, P.T.R.C. Inc. has been handled over 260,000 successful grievances and we are looking to do a lot of the same next season. 

If you have any questions, please call 516/631-484-0654 or email info@ptrc.com! 

Tuesday, November 7, 2017

2018 Nassau County Property Reassessment Delayed

Unfortunately, Nassau County properties will not be reassessed early in 2018 as it was originally planned. This delay is great for those who have been filing for reductions and it is the complete opposite for those who have not. They will still be paying for the reductions of others until the reassessment happens:

property taxes | Nassau County Legislation

Make Sure You Get Out and Vote 
In Nassau County and all of America, the only way to get your voice heard is to go out and vote. Regardless of which candidate you support, they are going to support your interests so you need to make your interests known. The property tax issue in Nassau County is a big one, and whichever candidates are elected will have to right the ship! Properties all over the county are being wrongly assessed and it is going to impact the innocent homeowners.

Property Values Are Inaccurate 
Claudia Decker, a Long Beach resident for over 20 years, was told on October 19th that she would have just four weeks to make a $5,000 payment on her property taxes. A rise in school district taxes is largely responsible, but the faulty assessment on her property is more to blame:

  • Nassau County put a value of $602,900 on Decker's home. 
  • If she had filed under Mangano's program in 2016, her property would have been valued at $390,000. 
  • The homeowners who DID file for grievance in 2016 were granted reductions and Decker was left paying for their reductions. 
  • Her taxes will go up again next year. 

When Will It Happen? 
The old system left homeowners like Decker paying for the reductions of their neighbors. After investigation, Newsday found that hundreds of properties throughout the county were being wrongfully assessed during Mangano's term. Filing for grievance is important and once this issue is sorted out, P.T.R.C. Inc. will be here to get you the reductions you deserve!

You can go ahead and read more about this delay here!

If you have questions about your property tax reductions, please feel free to reach out to the experts at P.T.R.C. Inc. We have a friendly customer service staff that would love to answer any and all of your concerns.

Call 516/631-484-0654 or email info @ptrc.com! 

Tuesday, October 31, 2017

Will Home Renovations Raise My Property Taxes?

Your Long Island home might not be large in acreage, but it means everything to you and your family. You want that living space to be utilized to the best of your ability and sometimes that means renovations. Sometimes people fear these upgrades because they think there will be a bump in their property taxes down the road. Is this true? Keep reading to find out:

bathroom renovations | property value


Increasing Living Space
The general rule of thumb is when you add living space to a home, you increase the value. Examples of this include:

  • Adding a Bathroom 
  • Extensions 
  • Dormers 
  • Adding Bedrooms 
  • Turning Garage Into Living Space 
  • Turning Basement Into Living Space 
  • Adding a Deck 
  • Increasing the Square Footage of Your Home

Just A Face Lift 
If you are simply renovating a kitchen or bathroom and NOT adding any living space, your home might not need to be reassessed. That is why these types of remodeling projects are so popular! They add value to your home and make it more aesthetically pleasing without raising your taxes. Things can get sticky though when it comes to increasing counter space and making rooms more accessible. These can be considered additions and not alterations and a new property value assessment may be needed.

It Is Okay to Ask
If you are not sure whether a project will increase your property taxes or not, just ask! The contractor may be able to give you this information or the town would be able to help if they can't. If you are adding or altering a portion of your home to compensate for a handicap dependent, your taxes can not legally be raised. Don't let anyone tell you otherwise!

Sometimes the review boards and property assessors get the value wrong and that is where we come in. We use a Comparative Market Analysis to get the real value of your home and if it is too high, we will earn you the necessary reductions. P.T.R.C. Inc. has been doing this for nearly 30 years and we have been extremely successful.

Fill out an application on our website to grieve your property taxes or email info@ptrc.com with any questions!

Monday, October 23, 2017

Step-by-Step Instructions for Filing a Property Tax Grievance in Nassau County

Nassau County homeowners need to start preparing their applications for the 2019 filing period before the madness of the holidays sets in. Once Halloween ends, we start on the crash course for Thanksgiving and time starts to fly right after that. Get your applications in sooner rather than later! 

Nassau County Homeowner | Property Tax Reductions

Step 1: Submit Your Application
Step 2: Assessment Review Commission 
  • In Nassau County, the assessment board is called the Assessment Review Commission (ARC). 
  • This is the first step in the process and we have had a lot of success here over our nearly 30 years in the business. 
Step 3: Small Claims Assessment Review 
  • If you are denied at the board level this is the next place to go. 
  • We have been extremely successful here and with our Comparable Market Analysis and skilled staff, we are confident in our ability to earn reductions. 
  • If we fail, there will be NO FEE charged! 
Step 4: Court Filing Fee 
  • At the Small Claims Assessment Review stage, there will be a $30 fee to purchase an index number which ensures that your case is heard.
Step 5: Receive Your Reduction 
  • The reduction can be reflected on your tax bills as the reduced value. 
  • You may receive a refund check that can be issued for the over-payment of taxes.
  • The final method would be a combination of the two. Some may appear as a reduced rate and the rest will come in a refund check.
Step 6: File Next Year
  • This is not a one and done scenario. You can earn reductions year after year if you continue to file with P.T.R.C. Inc. 
If you have never filed with P.T.R.C. Inc. before, we have a friendly customer service team that is ready for all of your questions. 

Call 516/631-484-0654 or email info@ptrc.com!

Thursday, October 19, 2017

What Type of Reductions Can I Expect?

There is no telling exactly how much you will receive in property tax reductions. Every case is unique, and every property and neighborhood comes with different challenges. We have handled over 260,000 assessments through the years and we are ready for your application in the 2019 Filing Period. Here is what you can expect:

property taxes | property values

How Reductions Work? 
In New York State, your property taxes are assessed on market value and the perceived assessed value of your home. For example, let's say the tax rate in your district is 10% and your home is worth $500,000, you are going to pay $50,000 in property tax. For a $300,000 home it is $30,000, and so on and so forth. You can earn reductions by filing a grievance with P.T.R.C. Inc. and we will handle the rest. Sometimes your properties valued is overestimated and you are paying more in property taxes than you should be!

Our Fee 
The great thing about P.T.R.C. Inc. is we do not get paid unless you do! If the review boards in Nassau or Suffolk County do not grant a reduction, you will not be charged any labor fees. If you do earn a reduction, we take 50% and you keep the rest! That may seem like a lot, but the relationships we have developed in this industry help us succeed more times than not. Success is our middle name here at P.T.R.C. Inc.

Your Neighborhood
There is an awesome tool on our website that lets you research your neighbors properties and look at the reductions they have earned. This helps estimate your reductions and it is great for us to present to review boards when you case comes up. Check it out here!

If you are ready to fill out an application, we have simplified the process for you on our website. Just go to the link and fill in the information and we will be in touch with you shortly.

If you come across any questions, feel free to call 516/631-484-0654 or email info@ptrc.com!

Wednesday, October 11, 2017

Why Is P.T.R.C. Inc So Successful?

Success for us comes when our clients are happy and getting their hard earned money back. Success in this field doesn't come easy and we know that first hand. Our almost 30 years in this business have taught us lessons that we apply each and every year and we know the 2019 filing period is going to bring a lot of the same success for our clients: 


Our Payment Structure 
We want to start you off with a little question if we could... Would you work harder if we paid you $100 upfront, or if we said you can earn more based on the job that you do? This is our theory here at P.T.R.C. Inc. We want our talented staff to use all of their abilities to earn our clients the highest possible reduction so they can get their percentage of the reduction. If we don't earn you a reduction, we don't get paid!  

Our Connections 
We have developed relationships over the years with the assessment review boards in both Nassau and Suffolk counties. These relationships help our clients greatly and we are extremely grateful for all the people we get to work with on a daily basis. We have been doing this since 1990 and every year we seem to get better and better. Be sure to grab your piece of the tax reduction pie this year!

Our Staff
Our team has handled over 260,000 assessments over the years and secured millions for our clients. For that reason, we consistently see familiar faces year after year and we continue to see results for people all over Long Island. Getting one reduction is not the end of the line for you! There is money to be made everywhere and our team know exactly where to find it!

If you have never worked with us before, now is a great time to get started! Our team is waiting for your applications and we know that reductions are in your near future. 

Submit your application here and let us know if you have any questions! 

Friday, September 29, 2017

Fun October Activities on Eastern Long Island

The calendar is about to flip to October and that is great news for Long Islanders. This is the best time of year on the island and we want you and your families to get out and play! Here are a few of our favorites:

pumpkin picking | fall activities


Riverhead Country Fair
When: October 8th
Where: Riverhead's Main Street

  • The 42nd Annual Country Fair will take place on Columbus Day Weekend and it will celebrate the heritage of this amazing town. We have clients all over the Riverhead area and we know they have been looking forward to this for months. Have a great time everyone! 
When: 9-6 PM
Where: 6242 Middle Country Road, Wading River, NY 11792
  • From September 17th until Halloween, Finks is the place to be on Long Island. They have a great corn maze, hayrides with your children's favorite characters and a bouncy castle. Perfect for all the young families on Long Island! 
When: 9-6 PM
Where: 3810 Middle Country Road, Calverton, NY 11933
  • Windy Acres farm provides the freshest produce you can find, as well as preserves, syrups, and honey. When in season, you can pick your own strawberries, apples, pumpkins, raspberries, peaches, and more!
When: October 27th 
Where: Long Island Maritime Museum ( West Sayville) 
  • This is the best way to kick off Halloween Weekend on Long Island. Share in some rich history and enjoy time with friends and neighbors on what we hope is a BEAUTIFUL Friday evening. Rain date is October 28th! 
Please share your amazing Fall photos with us on our Facebook page!