March 2013

Property Tax Appeal
 E-News Archive
 
 
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See What Our 

Clients Are Saying

 

Karen is an expert in her field who understands how to get great results for her clients. Most importantly, she is passionate about helping her clients.  Karen was able to save us money on our property taxes last year when I thought there was no chance of savings. Karen kept us in the loop during the process and provided understandable explanations when we had questions. Karen is a great person to work with. I would recommend her services to everyone!

Jennifer W.
Crystal Lake, IL
Property Tax Appeal E-News 
Greetings!
 
It was a 5 home run day!  I recently negotiated valuation reductions for five homeowners that resulted in $180,000 being taken off the tax rolls.  The client tax savings will be more than $6300!! If money was escrowed to pay property taxes - these folks will also receive a refund through their mortgage lender.  I LOVE days like this and I would LOVE to help you or someone you know with their residential or commercial property taxes.
 
Never pay more than your fair share of property taxes!  Call me today!

Karen Krug
Founder and President
K2 Consulting of IL, Inc.
847-854-9635

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Lake County Board of Review Changes 

Karen's Letter to the Editor and Decision Reached by the Board Yesterday.

 

Landowners no longer can hire real estate agents or specialty firms to appeal their property assessments, the Lake County board of review decided Monday.  Here is how this issue began: 

Read background article. 

 

K2 Consulting of IL got involved in this matter and wrote the following Letter to the Editor:

Read My Letter.

 

Unfortunately, as this edition of our E-News was about to be sent to you, I received word that the Board voted unanimously to approve this plan after a two-hours of public comments. Here are the details:  Lake County Property Tax Assessment Assistance Limitations.

Illinois is Behind in Hearing Property Tax Appeals
 
A shortage of manpower at the Illinois Property Tax Appeals Board, in addition to an increase in the number of appeals, has left many thousands of property owners across the state waiting for their appeals to be resolved.  Read More.
IL Credit Rating Sinks to Worst in the Nation   

 

As a result of Governor Quinn and lawmaker's inability to fix the state's pension system, Illinois credit rating sank to worst in the nation.

Read More. 

When Schools Owe Money, 
Guess Where It Comes From?   

Property Taxes!!?!

 

As a result of the state approving the status of some hospitals as nonprofits, government agencies, and especially schools, are left hanging to refund taxes to those hospitals going back several years. That could cost some of them millions of dollars.  Read More. 

 

DISCLAIMER - K2 Consulting of IL, Inc. is not a law firm and does not provide legal services. K2 Consulting of IL, Inc. provides real estate tax consulting services that include real estate valuations and assistance with administrative real estate tax appeals.