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The Future of Real Estate Taxes: Panelists discuss valuations, tax law changes [Video]

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BusinessDen readers went online Thursday morning for The Future of Real Estate Taxes, a panel discussion on property taxes that comes as county assessors throughout Colorado send out notices of new valuations.

Below are some key quotes from the discussion:

Neil Oberfeld, shareholder at Greenberg Traurig and expert in property tax law

“There are two great options (if you receive your valuation and feel it is too high). First is do it yourself, and second is call an attorney. If you want to do it yourself, you have the opportunity to sit with an assessor and discuss the valuation. They want information and statements, and you have to be careful not to give the assessor information that could hurt you and end up with a higher valuation. Otherwise, you can call somebody with experience.”

“(Following the repeal of the Gallagher Amendment last November), it’s an environment now where residential assessment rates no longer ratchets down each year, and …

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Investors

Laval police investigate after homebuyers lose millions when real estate developer goes bankrupt [Video]

After speaking to some 20 families who lost millions in deposits when local real estate developer Bel-Habitat went bankrupt last week, Laval Mayor Marc Demers is promising support.