Success Stories
Real Estate Tax Analysts, LLC (RETA) has provided tax valuation reduction services in more than seven states to more than 500 property owners.
We established our professional services in southwest Ohio and continue to excel in achieving valuation reductions throughout Ohio, Kentucky and Florida.
While we routinely handle cases involving traditional office, retail, industrial, warehouse and residential properties, some of our biggest successes have involved unique or specialty uses, such as race tracks, utility company facilities and owner-occupied single use facilities.
In 2009, our four greatest success stories follow:
Commercial office building
$38 million valuation reduction
Our team identified, strategized and assisted in the presentation of the tax valuation challenge on a large commercial, owner-occupied office building in the Cincinnati area, reducing its tax valuation. 
Ohio Horse Race Track
55% Tax Valuation Reduction
RETA provided consulting and related services in connection with determining the feasibility of and assisting in the pursuit of the challenge to the value of a horse racing facility in Ohio thereby reducing its tax valuation from over $15 million down to $7 million. This is a reduction of nearly 55% resulting in approximately $700,000 of tax savings over three years.
Multi-State Utility Facilities
Projected Property Tax Savings of $2 Million
A utility provider with properties in two states, engaged our services to review its entire real estate portfolio and assist in the strategy, determination and pursuit of numerous tax valuation challenges related to such properties. As a result, the client will save in excess of $2 million in real estate taxes over the next 3 years.
Manufacturing Facility
44% Tax Valuation Reduction
RETA assisted a manufacturing facility in Ohio in the pursuit to save money on its real estate taxes and successfully reduced the tax valuation on its property from over $13 million down to $6 million. Through RETA’s efforts, the property owner reduced its real estate taxes by 44% and will save approximately $484,800 over three years.
If you are interested in finding out if you can save money, contact us today >
All of the foregoing savings were calculated on a gross basis before expenses and based upon the assumption that that the current effective tax rate remains constant throughout the triennial.
