How Do I Dispute My Las Vegas, NV (Clark County) Property Taxes?*

How Do I Dispute My Las Vegas, NV (Clark County) Property Taxes?*

Dec. 15th to Jan. 15th is the time of the year that Las Vegas (Clark County) homeowners can contest their assessed property value and in turn possibly lower their annual property taxes. So, technically, you are not disputing your Las Vegas property taxes, you are disputing the assessed value; but the end result is the same. 

We all know that Las Vegas-area property values are not what they used to be. It is typical that our property value assessments lag behind true market value. So in a declining market environment it is possible to be paying higher property taxes and in an appreciating market paying lower property taxes.

What should you do if you feel like your Las Vegas (Clark County) property assessed value is too high? You have an option.

While there are no guarantees, many Clark County property owners have followed the simple process below and have been successful in getting their assessed value reduced and in turn reduced their annual property tax as well.

Good luck, Happy holidays and here is the process, simplified.

1. Notice of Property Value cards were sent from the Clark County assessor on 12/12/11 to the mailing address of the property owner.
2. Check your mail and review the property value stated on the card.
3. If you did not receive a card, call the Assessor at 702-455-3882 and request another.
4. If you agree with the assessed value, then nothing else needs to be done.
5. If you disagree with the assessed property value, contact the Assessor at 702-455-3882 and let them know you would like to start the appeal process.
6. They will send you a form in the mail. Keep an eye out for this form, because it has a serial number on it that ties to your appeal.
7. Fill out the form. Ask your friendly, neighborhood real estate agent to provide some comps of like properties so that you have support for your claim that the value is too high.
8. Send back your dispute. 
9. Typically, they will call you to inform you that you will need to go to a meeting to discuss the appeal. Even if you agree to go, they do not always require the live meeting. Many times they will do it over the phone.
10. If you agree to the meeting and they ask you to go, take your comps with you.
11. If they do not require you to attend a meeting, you will get a notice by phone or mail that your appeal has been processed. Hopefully the notification is with the good news that they agree with your value appeal and in turn your taxes have been reduced!

Good luck, and let me know if you need assistance!

P.S. I went through this process last year and was successful in reducing my assessed value by 22%, which reduced my taxes accordingly.

* WJB is not a tax advisory firm. The information contained in this article is for informational purposes only and may not reflect current tax year rules and regulations. Consult your tax advisor or the IRS for current tax year rules, restrictions and regulations.