Episode Summary:
In this episode of *Devine Intervention*, Nora Devine sheds light on the impact of renovations on property taxes in Illinois. Discussing how renovations can trigger reassessments and increase property values, Nora provides valuable insights for property owners considering construction projects.
Key Timestamps:
00:00 – Introduction
01:30 – Impact of Pulling Permits on Reassessments
04:45 – Factors Influencing Property Tax Assessments
07:15 – Differences in Assessing Residential and Commercial Properties
09:30 – Assessing Industrial Properties in Cook County
11:45 – Timing of Renovations and Tax Bill Implications
14:20 – Minimizing Risks of Over Assessment
16:00 – Handling Renovations Without Permits
18:10 – Appeals Process for Incorrect Assessments
21:00 – Best Evidence for Successful Appeals
23:30 – Advice for Property Owners Planning Renovations
About the Show:
*Devine Intervention* provides expert guidance on property tax matters, offering valuable insights and strategies for property owners navigating the complexities of tax assessments in Illinois. Join Nora Devine as she shares her extensive knowledge and experience in property tax law.
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