Ep. 65 - Property Taxes Are Skyrocketing—Here’s How to Fight Back!

Tired of property taxes cutting into your profits? In Episode 65 of the More Doors Podcast, Matt Buchalski and Brian Force explore the world of property tax appeals with expert guest Sam Sosa from Ownwell. Discover how to effectively appeal your property’s valuation, save thousands on your tax bill, and avoid common mistakes that property owners make.Key Takeaways from This Episode:✅ Understand how counties determine property tax valuations.✅ Learn the top strategies to successfully appeal your property taxes.✅ Insights into why property valuations are still inflated—and what that means for investors in 2025.✅ Uncover the myths and truths about sharing your financial data during an appeal.✅ Learn how new legislation, such as the “circuit breaker,” impacts your commercial and residential properties.Whether you’re a seasoned investor, property manager, or homeowner, you can’t afford to miss Sam’s insights into saving money on your property taxes!👍 Enjoyed the Episode?Hit “Like,” drop a comment with your biggest takeaway, and don’t forget to subscribe for more expert insights! Join our community in our Facebook group to discuss strategies and connect with other property owners.Want to learn more about Multifamily Investing? Sign up for our newsletter and create your Investor Profile here - https://deepbluere.comUse TORE Studios to start your own podcast or create video content - https://torestudios.comCHAPTERS00:00 Introduction - Bringing Sexy Back to Property Taxes01:00 Brian’s Mishap at Target (Funny Story)02:45 Episode Sponsors: TORE Studios & Deep Blue Capital04:00 Introducing Guest Sam Sosa from Ownwell06:00 Personal Stories & Kickball Skills07:45 Market Update: Property Tax Trends 2022-202511:00 Understanding Property Tax Valuation Methods14:00 The Benefits of Hiring a Property Tax Consultant18:00 Why Do We Pay Property Taxes & How Are They Determined?21:00 Property Tax Assessments vs. Property Tax Bills22:30 How Property Tax Rates Align with Government Budgets23:45 What is the Circuit Breaker & Why It Matters27:45 “Equal and Uniform”: Why Your Neighbors Matter30:00 Ownwell’s Unique Approach to Tax Appeals33:45 How Ownwell Navigates Differences Between Counties36:00 Why 2025 Appeals Are Critical for Commercial Properties38:00 Using Your Financials to Successfully Appeal Taxes41:45 Is There a Risk in Sharing Financial Data for Appeals?44:00 The Ultimate No-Risk Strategy for Tax Appeals47:00 How Property Tax Appeals Boost Asset Value49:00 Closing Thoughts & Where to Find Sam Sosa50:00 Outro & Final Sponsor Shout-outs