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3 Considerations to Prepare for Colorado Property Tax Protests

Colorado property owners may wish to protest their property taxes. This GT Alert provides considerations for protesting a Colorado property valuation.

1.  Organize.

It is not too soon for Colorado property owners to start thinking about protesting their property valuations. Owners should begin gathering information about their property now, including 2019 and 2020 income data, rent rolls, leases existing during the base period (Jan. 1, 2019 through June 30, 2020, for the 2021 tax protest), any unique information about each property (such as having an irregular shape), and comparable sales data. If there is new construction on the property, construction costs should be gathered.

2.  Who should prepare the protest?

Property owners could file the protest themselves, or they may wish to hire an attorney or tax agent. This decision should be based on a number of factors including experience, property complexity, and fee structure. The property tax protest process is complex and deadline-oriented, so it is important to have a plan.

3.  Calendar the filing date.

Note: 2021 property tax protests must be submitted or postmarked no later than June 1, 2021.

Property owners who plan to work with an attorney or tax agent should reach out to them in advance of the filing deadline for an evaluation. There is typically no fee for an initial consultation, as property tax protest cases are frequently done on a contingency basis

©2022 Greenberg Traurig, LLP. All rights reserved. National Law Review, Volume XI, Number 68
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About this Author

Neil Oberfeld Real Estate Attorney Greenberg Traurig Denver, CO
Shareholder

Neil Oberfeld is Co-Chair of the National Leasing Practice and assists national and regional retailers, developers, institutional owners and investors in real estate and general business matters. Neil concentrates his practice on acquisition, development, leasing, finance and investment transactions, including retail, office and industrial real estate; joint venture and fund formation and investment; secured and commercial loan transactions; and property tax assessment.

Neil has wide-ranging experience in all phases of real estate development. Neil is also actively engaged in...

303-685-7414
Laurinda Frederick Real Estate Attorney Greenberg Traurig Denver, CO
Associate

Laurinda Frederick assists clients in virtually all aspects of transactional commercial real estate throughout the U.S. She concentrates her practice on acquisition, disposition, finance, development, and leasing of real estate including office, hospitality, industrial, and retail properties. Laurinda has represented wireless telecommunications companies in numerous real estate leasing matters, including due diligence, lease negotiation, and complex master agreements with private owners and municipalities. She also advises clients on Colorado property tax assessments and provides projected...

303-685-7422
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