Overview In 2016, an immigrant purchased their dream home—a luxurious $2.6 million condo in downtown San Francisco. However, the local real estate market took a sharp downturn due to the pandemic, leaving the property over-assessed and the owner burdened with inflated property taxes. In 2021, Protax LLC was engaged to provide essential property tax relief….
Results Overview In 2018, a homeowner in Santa Monica partnered with Protax LLC to reduce the property taxes on their condominium. The goal was to minimize the property tax burden and achieve substantial long-term savings. Challenge The partnership began slowly, with no tax savings in the first year and only a modest 5% reduction in…
Results $0 Total Reduction $0 Total Tax Savings Overview In 2015, a family-owned real estate cooperative entrusted Protax LLC with managing its entire portfolio of properties, including a private Montessori school that had long operated successfully as a daycare facility. However, the COVID-19 pandemic, which struck in March 2020, created an unprecedented cash flow crisis…
Results $0 Total Reduction $0 Total Tax Savings Overview In 2007, a client of Protax LLC acquired a warehouse for $19,700,000, just before the onset of the Great Recession. This property became part of a rapidly expanding portfolio managed by a Family Trust, with whom Protax had a well-established relationship. Challenge The property was purchased…
Results $0 Total Reduction $0 Total Tax Savings Overview Protax LLC successfully represented the Ayres Group in reducing the property taxes for their newly constructed Mediterranean-style resort hotel and spa located in wine country. This facility, which includes operational vineyards, faced a substantial tax increase shortly after opening due to a legal reassessment event. Protax’s…
Results $0 Total Reductions $0 Total Tax Savings Overview In 2021, Protax LLC was hired to appeal the assessed value of a luxury condominium in downtown San Francisco. Over the course of three years, from 2021 to 2024, Protax LLC pursued a series of formal appeals and informal requests on behalf of its client as…
Overview A developer owning four luxury garden-style apartment complexes in San Diego County, each comprising approximately 400 units, sought to significantly reduce their property tax expenses. To achieve this, the developer engaged Protax LLC, a firm known for its expertise in navigating complex tax regulations. Over a nine-year period, Protax LLC’s strategic approach led to…
Overview In 2010, Protax LLC began representing a prestigious public golf course in northern San Diego County. Although initial tax savings were modest, they increased significantly in 2015 and surged after the COVID-19 pandemic. Challenge Golf courses nationwide faced substantial declines in value as interest in the sport waned and an oversupply of new courses…
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