|
Client Testimonial
"Karen couldn't have made it any easier to save a lot of money on my real estate tax bill. The only effort on my part was to send Karen a copy of our most recent tax bill and she took it from there. A few months later, the positive results came in the mail with the current tax bill. We saved over $2,000 so I would highly recommend ANYONE to utilize Karen's services."
Mark Samuels, Deerfield | |
| |
|
Why Are My Property Taxes So High? |  | |
This is the first question that many of our clients ask. We thought we would highlight the answer here.
Your property taxes are based on a mathematical formula related to the assessed value of your home (this includes land and improvements). Your Township and County multipliers are calculated and applied. Your local tax rate is computed and multiplied by your assessed value. This results in your new property tax amount.
Property taxes can go up when you make certain kinds of improvements to your home (especially those that require(d) a permit).
Your property taxes can also increase when local taxing bodies request more money from taxpayers. By appealing and WINNING an assessment appeal, you lower the assessed value of your property.
|
|
|
|
Property Tax Appeal E-News |
Greetings!
Welcome to our first official E-News! There is so much happening with property tax assessments, we felt a useful way to keep you 'in the loop' was to create a fun and informative newsletter. We hope this will provide an opportunity for learning and sharing all things related to property taxes in Illinois. Please enjoy!
Feel free to forward to friends and family, using the easy buttons on the left. Karen Krug Founder and President K2 Consulting of IL, Inc. 847-854-9635
|
|
Who Are We?
 | |
Karen Krug
Founder & President |
K2 Consulting is a boutique firm specializing in property tax assessment appeals. We believe that the decline in our local market should equate to a decline in property values. Simply put, we 'Fight City Hall' on behalf of our clients.
We've successfully WON appeals for single-family homes, condominiums, duplexes, rental properties, office buildings, retail centers, strip malls, automotive facilities, restaurants and medical centers.
Not to brag . . . but we are GOOD! Over the past two years we've filed 111 appeals and WON 103 - - that's a 93% success rate.
You only get one chance each year to appeal your property tax assessment. County and State Board of Review rules are confusing, paperwork requirements are unclear and regulations change annually. K2 Consulting ensures proper compliance with every filing requirement. You can trust K2 Consulting to handles your property's valuation. Never pay more than your fair share of property taxes! Learn More About Us.
We are your property tax appeal experts. |
|
What We Can Do During Summer Months To Help You
 Potential clients often ask what we do during the summer months to help them with their tax bills. In addition to our regular responsibilities - we signed a contract with AppealTrack. After our data conversion is complete, AppealTrack will allow us to provide up-to-the-minute status updates for clients. We also submitted an application for certification with the Better Business Bureau (BBB). We hope the BBB certification will provide an additional level of sercurity for our clients.
Learn About K2 Consulting's Normal Summer Activities
We are accepting applications for the 2012 tax year.
Why not give us a call? We are ready to help you. |
|
Property Taxes in the News
 Property tax appeals are surging as homeowners look for relief in a weak housing market. In the collar counties, record high appeal numbers were reported for McHenry, Lake, Kane and DuPage County. To WIN an appeal, you'd be wise to engage a property tax specialist to provide expert representation.
According to an article in the Chicago Tribune (June 24, 2012), the Cook County Board of Review handled 130,000 appeals in 2005. That number rose to 439,000 in 2009. The percentage of success in appealing with the Cook County Board of Review in 2010 was 67.3% (Source: Cook County Board of Review).
View/Print Chicago Tribune Article. |
|
|
|
|
