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! 

Tuesday, September 26, 2017

A Breakdown of the Tax Grievance Process

It's property tax time here on Long Island and we are already seeing a heavy influx of applications for this time of year. The word is out on P.T.R.C. Inc. and everyone wants their piece of the pie. Be sure to use the following steps when submitting your application:

property tax reductions | long island homeowners

Do Your Research 
When you are painting your house, the first concern that comes to mind is finding someone who is qualified for the job. The second concern is probably the fees that are included. When it comes to tax reductions, we assume you probably have a fairly similar evaluation process. As for our qualifications, P.T.R.C. Inc. has been reducing Long Island property taxes since 1990 and we have secured over 260,000 successful assessments! As for the price, we charge NO FEE if you aren't granted a reduction.

Submit Your Application 

  • Once you are done, you will receive a confirmation email from our team to let you know we have received your application. 
  • Your application will start in the review boards and if we can't get a reduction there, we will go to the Small Claims Assessment Review for appeals. 
  • We will stop at nothing to get you the highest possible reductions! 

Plan What to Do With Your Reductions
We have been successful in securing millions of dollars for our clients over the years and this season is going to be no different. Whether it is a few hundred or a few thousand dollars, there is plenty to do with the money. You can save and invest. You can splurge on some great additions to your home. Or you could go on a nice vacation. Whatever you choose, just remember who got you those reductions when it comes time to file next season!

If you want to learn more about P.T.R.C. Inc. and what we do for our clients, visit the about section on our website. We also have an area where you can see testimonials from clients that we have helped in the past!

With questions, call 516/631-484-0654 or email info@ptrc.com!

Friday, September 15, 2017

Big Savings for Nassau County Homeowners

When it comes to lowering property taxes on Long Island, there is only one name you can trust-- P.T.R.C. Inc! We have been in the business since 1990 and over that time we have helped people just like you with their outrageous property taxes. Our rule of thumb is; if you think you are overspending, you probably are!



Are You Over Paying? 
The answer to this question is most likely yes. Long Islanders pay some of the highest property taxes in the whole country because of the public school system and property value. What happens a lot is that when the tax rates change, property taxes may not adjust with it and that is where we come in! We want to get you and your family the lowest possible rate allowed by law.

Important Information

  • Property taxes should be reviewed on an annual basis! 
  • There is NO reason to fear a tax increase. Your taxes will not go up because of this process. 
  • Some homeowners are even overpaying by thousands of dollars a year. 
  • Municipalities like Nassau and Suffolk County will only accept grievances ONCE per year. 

No Reduction= No Fee 
Our team of experts comes at no cost to you! We get paid based off of a percentage of your reductions so we are motivated to get you the maximum possible reduction. If your grievance makes it to the Small Claims Assessment Review (SCAR) there will be a $30 Fee to ensure your claim is heard. We have been very successful at this stage of the process and we have secured MILLIONS of dollars in reductions for your neighbors... so why not for you?

If you are interested in filing a grievance, we have made it fast and easy for you via our website. Everything you need is right there for you and we look forward to lowering your taxes this season.

If there are any further questions, call 516/631-484-0654 or email info@ptrc.com!