About Peak 5 Advisors
About Us
Peak 5 Advisors is a leading property tax consulting firm dedicated to identifying and reducing over-assessed real estate values on behalf of our clients. Through an integrated approach, we work with municipal, county and state government officials to mitigate instances of over-taxation caused by excessive assessments. Since inception, we have appealed over $1 billion of assessed values, saving our clients millions of dollars of property taxes in the process.
Our Philosophy
Property taxes are one of the largest operating expenses for real estate. By minimizing the property tax spend rate, we help to maximize operating efficiency of our clients’ real estate assets, placing them at a competitive advantage to peers.
Over $1B
Real Property Value Appealed
31%
Average Client Tax Reduction
Over 95%
Appeal Success Rate
Some frequently asked questions
We have professionals with significant experience in real estate valuation who have all the necessary tools and data sources to properly value your property and negotiate with the assessor based on that valuation. Most times, lawyers are well versed in only the rules, regulations and forms involved in an appeal, and not so much with the underlying asset. When necessary, our lawyers handle the red tape extraneous to the actual property valuation. Our service is very different than the part an attorney plays in filing a tax appeal. You can still retain your attorney and benefit from our services at the same time.
We are not an appraisal firm. Appraisers are not allowed to have their interests aligned with yours, meaning they will value the real estate and charge you a fee whether their concluded value is conducive to your appeal or not. We partner with our network of appraisers when necessary and beneficial to you.
Tax assessing counties and municipalities oftentimes over-assess real property in their jurisdiction. To get these government entities to reassess property is usually difficult, complex and time consuming. As a result, many property owners would rather just overpay their property taxes to avoid the hassle. Our professionals are accustomed to the process and are very in-tune with what is necessary to deal with these entities; we do it so you don’t have to, it’s what we do professionally.
The value that any individual investor would pay for your property is irrelevant to how the assessor values your property.
There are very few opportunities in life with no risk and all reward; this is one of them. The only risk in this process is taken on by us since we put in all the necessary legwork, man-hours and oftentimes legal fees ahead of time. There is no money out of your pocket unless we are successful in lowering your tax burden, in which case you will be saving money.
If a reduction significantly affects the budgets of local government services, the auditor will slightly raise the tax rate for all taxable property in the jurisdiction, so that the burden is shared fairly by all property owners, not unfairly against just you.
Every case is different; it varies from a few weeks to many months. We stay the course no matter what until the end.
Our fee is contingency based. We are paid absolutely nothing unless we reduce your property tax burden, at which time we take a percentage of the total savings. The more you save, the more we make. We put in all the work up front for free.
Contact us. We will take an in-depth look at your property, place a value on it, compare that value to the assessed value and tell you if we think we can help you or not.