Homeowners Archives - Elliott Law

Category: Homeowners

An appraisal can save you thousands of dollars off your home’s tax bill

September 22, 2022

You can improve your chances of winning your next tax appeal – and save thousands of dollars in property taxes – by arming yourself with a good appraisal. Most tax appeals for homes revolve around whether your home...

Chicago Sun-Times Claims Cook County Assessor Kaegi Botched COVID Tax Relief

February 17, 2022

The Chicago Sun-Times recently published an investigative report claiming Cook County Assessor Fritz Kaegi cut 2020 assessments for nearly all Cook County homes based on a “wild miscalculation” that pandemic-induced job...

Disappointing Assessor or Board result? You may have an opportunity at PTAB or Court.

September 9, 2020

Question: Why should I appeal to PTAB versus Court? Answer: There are several reasons why you would appeal to PTAB instead of Court, and vice-versa. Let us explain what they are. PTAB is considered to be...

Why I haven’t received my PTAB refund yet. What is E&A doing to expedite my refund?

September 3, 2020

Question: Why do PTAB appeals take so long and what does Elliott & Associates do to speed up the process? Answer: PTAB cases can take a year or two or more to resolve. Here are some of the things that cause...

When is a one year reduction preferable to a multi-year reduction?

September 3, 2020

Question: Why did I get a one-year assessment reduction? Answer: Assessment reductions are generally awarded for multiple years. But, occasionally they may be awarded for one-year only. And, that is not necessarily a...

Am I eligible for the senior freeze and/or a senior citizens exemption?

September 3, 2020

Question: What is the difference between the senior exemption and the senior freeze? Answer: The senior exemption and the senior freeze are deductions off of a senior citizen’s real estate tax bill. Here’s how these...

I’ve successfully appealed my property taxes. What are the tax savings?

September 3, 2020

Question: If Elliott appeals my assessment and wins, will my tax bill be less than last year? Answer: Not necessarily. But, in nearly all cases, if we file a tax appeal for you and win, your taxes will be less than...

Why are my property taxes more than last year even though I successfully appealed my taxes?

September 3, 2020

Question: You filed an appeal on my property and the assessment was reduced, buy my tax bill is higher than last year. Where are the savings? Answer: When your assessment is reduced because of a tax appeal, your...

Need a step by step guide for how your property tax bill is calculated?

September 3, 2020

Question: How is my tax bill calculated? Answer: Your tax bill is based on your current assessment, current equalizer, current tax rates and any exemptions you are entitled to as a homeowner. Here’s how the bill...

Why do my property taxes continue to rise when I regularly contest my taxes?

September 3, 2020

Question: Why does my tax bill rise each year? Answer: Tax bills can rise over time even when you diligently contest your assessment. But, if you don’t contest your assessment, the tax increases will be even...