Siegel Jennings - Property Tax Law

As a respected authority in the real estate tax sector, Kieran Jennings, CMI, CRE, presented insightful testimony before the Ohio Joint Committee on Property Tax Review & Reform on Wednesday, May 22nd. Kieran highlighted crucial reforms aimed at improving the real property tax system, emphasizing the need for faster decision-making processes, improved transparency & clarity in tax billing, & adherence to the Ohio Constitutional requirement of uniformity. For those interested, Kieran's compelling testimony begins at 02:21 and runs for 30 minutes. Don't miss this valuable perspective on necessary tax reforms: https://lnkd.in/gcfCNnmr #PropertyTaxes #TaxReform #TaxPolicy

Check out Phil Brusk's article on HOTEL MANAGEMENT Magazine on October 4: "Dueling valuation methods fuel property tax disputes." "As rising interest rates and other challenges worry commercial property owners with loans nearing maturity, a running theme in the real estate industry is to “survive until ’25.” For hotel owners, however, the year-to-year struggle to stay afloat has been ongoing." Right-sizing a valuation and a tax bill can provide some breathing room for owner and operators. Read more below. #PropertyTaxes #APTCtax #TaxManager #HotelManagement

During our 50th Anniversary year, we are celebrating some of our longer tenured teammates. For October, we recognize Cecilia J. Hyun (she/her) Hyun who has been with Siegel Jennings for nearly 19 years. Thank you for you for everything you've done for the firm and your clients! We hope our clients get a kick out of this announcement. #Team #Appreciation #ThankYou

The American Property Tax Counsel's 2024 Client Seminar wrapped up Friday with great presentations by Mary O'Connor, ASA, CRE, CMI, CFE and Kathleen Poole about digging into the details of a sale to understand the numbers. As usual, KC Conway, MAI, CRE, CCIM provided great insight on what's happening in our economy and what we can expect. Of special note: James Regan was honored w/ the 2024 Marty Katz Award for his significant contributions to valuation theory and implementation of equitable real estate assessment practices and building the APTC organization. #PropertyTaxes #TaxManager #APTCtax

Day 1 is in the books at the American Property Tax Counsel's 2024 Client Seminar. Great presentations from William R. Emmons, PhD on the Fed's 2% inflation target; Brittany Dowd & Jay Dobson structuring real estate transfers; Matt Gersemehl, AAS, SAMA on data available through Trepp, Inc.; Angela Adolph regarding state & federal tax incentives, and Bart Wilhoit w/ Mooney, Wright, Moore, & Wilhoit, PLLC expertly handled a panel on recent legal developments from around the US with panelists: Nicholas Vitti Jr., Eric Kassoff w/ Wilkes Artis, Chartered, & our own Molly Phelan, CRE. David Lennhoff wrapped up the day on the age old issue of what is fee simple. #PropertyTaxes #TaxManager #APTCtax

Getting started with the 2024 American Property Tax Counsel Client Seminar with Drew Raines kicking us off! #PropertyTax #APTCtax

This Saturday, October 26th is National Make A Difference Day. It is an opportunity to make a positive impact on your community through acts of service.    As a thank you to the people of Cleveland who have graciously allowed us to be part of their community for 50 years, Siegel Jennings will be participating by donating to the Cleveland Food Bank. Our donation will cover 50,000 meals for families in the area.   We hope this inspires you to do the same with the communities that have welcomed you. #MADD24 #MakeADifferenceDay #GivingBack

Ian Mokel recently joined the firm as a Paralegal in the Pittsburgh office of the Pennsylvania Practice Group. Ian earned his Bachelor of Arts in Philosophy from the University of Pittsburgh. He previously worked as a Paralegal, Office Operations and File Management for Bunde and Roberts PC and, most recently, in Delinquent Municipal and Real Estate Tax Collections for Andrews and Price LLC, prior to joining Siegel Jennings - Property Tax Law. (Image by Freepik - www.freepik.com)

In a 1987 decision, Fred Siegel Co., LPA (now Siegel Jennings) argued and won a case that permitted a tenant to file a complaint in the name of the owner to seek a lower valuation. In commercial real estate leases, a tenant often has the responsibility to pay real estate taxes on the leased property. However, until a recent change in Ohio law pressed for by Siegel Jennings, only property owners could file a complaint. Name Brand Furniture provided tenants with a mechanism to seek fair and uniform valuation and hire their own counsel to fight for them. Name Brand Furniture Warehouse, Inc. v. Cuyahoga Cty. Bd. of Revision, 41 Ohio App. 3d 47, 48, 534 N.E.2d 366, 367 (1987). #PropertyTaxes #CommercialRealEstate #TaxManager

Madison McDowell recently joined the firm as an Associate in the Columbus office of the Ohio Practice Group. Madison earned her Juris Doctor degree from The Ohio State University Moritz College of Law and prior to joining to Siegel Jennings - Property Tax Law most recently worked as a Claims Counsel, AVP at Fidelity National Financial in Omaha, Nebraska. Fun fact: Madison recently won a #pickleball tournament (and a little bit of money) and now technically considers herself a semiprofessional pickleball player! (Banner image: Freepik.com)