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Breaking News

Latest notice of value mailing dates for all 33 counties in NM

Todd Clarke @ April 24, 2017 # Comments Off on Latest notice of value mailing dates for all 33 counties in NM

Please note that the deadline to file a protest is 30 days after the date on the notice of value.

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Property Taxes – notice of values update for 2015

Todd Clarke @ February 11, 2015 # Comments Off on Property Taxes – notice of values update for 2015

Cantera Consulants & Advisors has just updated its notice of value dates from each of the county assessors. Please remember that you only have 30 days from the date of the notice of value to protest your property taxes. A PDF version of this table can be found here.

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Bernalillo County Property Tax Protest board rules on LLC/refinancing issue at formal hearings

Todd Clarke @ October 20, 2014 # Comments Off on Bernalillo County Property Tax Protest board rules on LLC/refinancing issue at formal hearings

The Apartment Association of NM in the form of Attorney Gene Vance and property tax consultant Todd Clarke, represented apartment portfolio owner, Richard Fox, in the handling of his property tax protest case. In the case, the property owner held title in a series of related Limited Liability Corporations (LLCs) for estate purposes. He and […]

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State of the apartment market – 2014

Todd Clarke @ August 20, 2014 # Comments Off on State of the apartment market – 2014

Thanks to the and the for hosting this mornings Apartment market outlook. AANM-ULI-IREM-DAT-ApartmentMarketOutlook-08202014-v4

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Property Tax update – 03/24/2014

Todd Clarke @ March 24, 2014 # Comments Off on Property Tax update – 03/24/2014

The following is a quick update on property tax issues from 2013 and a preview of what we can expect in 2014 and 2015. 2013 protests As you may recall, I did not expect 2013 to be a year that we would see much in the way of reductions. I did encourage some of my […]

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Property Tax Update

Todd Clarke @ March 5, 2013 # Comments Off on Property Tax Update

Spring is almost here, and that means its time to start looking in the mail for our notice of value property tax forms. First on a macro level – the legislature is 12 days away from completing its 60 day session, and they are working on a couple of bills that could impact property owners. […]

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New Notices of value in 2014

Todd Clarke @ February 25, 2013 # Comments Off on New Notices of value in 2014

Thanks to Gus in the Santa Fe County Assessor’s office for sharing the format of the new notices of value that should be standard in most counties in NM starting in 2014. The major change is that these new notices of value now show your prior year valuation next to the current year, which allows […]

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Notice of value dates for NM County Assessor’s

Todd Clarke @ February 12, 2013 # Comments Off on Notice of value dates for NM County Assessor’s

Our most recent survey of county assesor’s shows that most intend to send out notices of value on or before April 1st, 2013.   If you would like to compare these results with previous year – click here for our PDF version NM-CountyAssesorsNOVDates-2013-01242013 .  

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This is the kind of person I want looking after my states finances…

Todd Clarke @ January 22, 2013 # Comments Off on This is the kind of person I want looking after my states finances…

Yesterday’s Wall Street Journal reported that Susan Combs, Treasurer for the State of Texas is pushing for new legislation that would require local governments to add up their total debt obligations and disclose it to their constituents, the tax payer. GREAT IDEA SUSAN! Her office has also signed the light on Texas with a “Texas […]

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Recent update on apartment property tax lightning

Todd Clarke @ January 20, 2013 # Comments Off on Recent update on apartment property tax lightning

Both the Albuquerque Journal and Channel 13 tv news have run recent overviews on the latest on apartment property tax lightning.

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Property Tax update 2012 – should you protest?

Todd Clarke @ March 16, 2012 # Comments Off on Property Tax update 2012 – should you protest?

I have had a number of clients ask me if we are still doing property tax protests, as they had received a handful of pieces in the mail from our competitors encouraging them to protest your property taxes, but not one from our firm. 2011 Status Our office has only recently resolved our property taxes […]

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Apartment Property Tax Lightning update – 2011

Todd Clarke @ March 3, 2012 # Comments Off on Apartment Property Tax Lightning update – 2011

On the 30th of January, 2012 our firm had a formal property tax protest hearing in front of the Bernalillo County property tax protest board. The hearing took approximately 2 and 1/2 hours and the Bernalillo County assessor was represented by one commercial appraiser, one residential appraiser, the head of the residential department, as well […]

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Valuation survey for NM Commercial Real estate released.

Todd Clarke @ October 16, 2011 # Comments Off on Valuation survey for NM Commercial Real estate released.

Cantera Consultants & Advisors has just released its 2011 value survey for NM Commercial Real Estate. The survey reflects the collective wisdom of industry professionals in NM. Although Cantera uses the survey primarily for the benefit of it’s during property tax protest hearings, the survey has become staple in the commercial real estate market and […]

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Bernalillo County property tax update for apartments

Todd Clarke @ June 14, 2011 # Comments Off on Bernalillo County property tax update for apartments

If you own an apartment in Bernalillo County – the county assessor has obtained an extension on sending out notices of value. They will not be mailed out tomorrow, but should be sent out on 7/1/2011

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Apartment Property Tax Lightning

Todd Clarke @ May 27, 2011 # Comments Off on Apartment Property Tax Lightning

Thanks to Channel 7, KOAT TV, for running this story on apartment property tax lightning.

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Property tax presentation for NM IREM Chapter

Todd Clarke @ May 6, 2011 # Comments Off on Property tax presentation for NM IREM Chapter

can be found here: IREM-PropertyTaxUpdate-05052011-v2 thanks again to the IREM chapter for allowing me to provide them an update and overview of NM’s property tax system.

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Bernalillo County property tax udpate for multifamily properties:

Todd Clarke @ April 27, 2011 # Comments Off on Bernalillo County property tax udpate for multifamily properties:

Earlier today, the Bernalillo County assessor announced that her office has sought and obtained approval to delay sending out notices of value for apartment buildings until June 15th, 2011. This means the deadline to file a protest will be 30 days after that, or July 14th, 2011. Single family and commercial property notice of values […]

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Update to Taxessor app now v2.1

Todd Clarke @ April 25, 2011 # Comments Off on Update to Taxessor app now v2.1

iTunes had just pushed our latest update on the Taxessor app – it will now load your 2010 property tax values allowing you to compare your potential value with your current property tax value.

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It is property tax season

Todd Clarke @ April 23, 2011 # Comments Off on It is property tax season

Notices of value are in the mail, or will soon be in the mail. If you need assitance this year with your property taxes – we offer a number of services for you, your firm and your client including: We have an “app” for that If you are trying to determining if your value is […]

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Notice of value dates for property tax bills

Todd Clarke @ April 11, 2011 # Comments Off on Notice of value dates for property tax bills

The above table shows the notice of value mail dates for every property in New Mexico – note that you have only 30 days from that date to file your property tax protest.

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my first iPhone app help client’s calculate their property taxes

Todd Clarke @ February 21, 2011 # Comments Off on my first iPhone app help client’s calculate their property taxes

Very excited – as of 5 minutes ago, our iPhone app to help client’s calculate their property taxes for commercial properties in Bernalillo County went “live” in the iTunes store! It is only 99 cents, and if you provide us feedback to improve version 2 and leave feedback, I’ll gladly send you a buck! If […]

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Are you an owner occupant in a Bernalillo County apartment building?

Todd Clarke @ January 3, 2011 # Comments Off on Are you an owner occupant in a Bernalillo County apartment building?

If so – you might be able to get your 2010 property taxes reduced (for free). According to the Bernalillo County Assessor, Karen Montoya, if you owner occupy an apartment (you will need proof in the form of a drivers license or utility bill), you can call the assessor’s office at 222-3700 to seek a […]

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Filing a claim of refund for 2010 property taxes

Todd Clarke @ December 28, 2010 # Comments Off on Filing a claim of refund for 2010 property taxes

After many months of strategizing, negotiating, researching, and putting together our cases for our client’s, Cantera Consultants & Advisors Inc. recently settled all of its cases on the controversial apartment property tax lightning cases for 2010 (click here to read the summary). In a recent (and copyrighted) Albuquerque Journal article, The Bernalillo County Assessor has […]

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Property Tax protests update for 2010

Todd Clarke @ December 28, 2010 # Comments Off on Property Tax protests update for 2010

2010 Bernalillo County Multi-family Property tax rollback – the rest of the story. The following is a summary of an email sent to clients after our December 15th, 2010 hearing: As I was working through a review and update of the apartment property tax lightning cases of 2010, I was reminded of the ancient Chinese […]

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NM Commercial Real Estate Value Survey

Todd Clarke @ September 13, 2010 # Comments Off on NM Commercial Real Estate Value Survey

Cantera Consultants & Advisors has just released the results from our latest valuation survey.  This survey was performed over the summer of 2010 with real estate owners, investors, lenders, brokers and appraisers. The attached document demonstrates the changes in CAP rates and values from 2005 to 2010. Click here for the survey results and a […]

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Course: Understanding NM’s Property Tax System

Todd Clarke @ June 10, 2010 # Comments Off on Course: Understanding NM’s Property Tax System

Did you know at one time in NM’s history, your political affiliation impacted the amount of your property tax bill? Are you confused by Tax Lightening? Uncertain as to what surprises next year’s property tax bill will hold? Do you want to understand why it is “fair” for two similar properties to have different assessed […]

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Property Tax update on 770 KKOB AM

Todd Clarke @ May 3, 2010 # Comments Off on Property Tax update on 770 KKOB AM

Thanks to Bob Clark and 770 KKOB for hosting Stephanie Dzur and I last week. We fielded dozens of calls about the property tax lightning and other property tax issues. If you aren’t familiar with Stephanie’s name you should be. Stephanie is a local attorney won the case last year against the Bernalillo County assessor’s […]

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NM Notices of property tax value are being mailed out

Todd Clarke @ March 29, 2010 # Comments Off on NM Notices of property tax value are being mailed out

Bernalillo County is mailng out notices of value on April 1st, 2010 and the deadline to file a protest of value will be 30 days after that. The remaining 32 counties have indicated that this is there mailing schedule: Our firm offers three options to assist you in property tax protests: 1. buy our 250+ […]

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What to look for in a property tax consultant.

Todd Clarke @ March 24, 2010 # Comments Off on What to look for in a property tax consultant.

I recently assisted a client with finding a property tax consultant in Kansas. After using the CCIM network to identify candidates, we issued a brief RFP and identified the top contenders in a short time. Experience Experience should include not only how many protests have they successfully completed, but also the kind training and background […]

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Apartments and Property tax lighting

Todd Clarke @ January 31, 2010 # Comments Off on Apartments and Property tax lighting

Cantera Consultants & Advisors Inc. recently completed a thorough analysis of all apartments in Bernalillo County. The following graph is a summary of that analysis. The graph illustrates that duplexes, triplexes and fourplexes are assessed at a much higher rate than their bigger peers. If you feel this is counter intuitive, you would be correct […]

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The potential impact of upcoming legislative and legal changes on NM’s Property Tax System

Todd Clarke @ December 10, 2009 # Comments Off on The potential impact of upcoming legislative and legal changes on NM’s Property Tax System

I think of our property tax system as a bit of a prisoner’s dilemma (that is the game theory where two suspects are picked up by the police – if they both refuse to cooperate they walk, if either turns on the other suspect, then other suspect goes to jail, and if they both turn […]

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An update on property tax legislation

Todd Clarke @ March 12, 2009 # Comments Off on An update on property tax legislation

From the RANM newsletter dated 3/10/2009 FROM THE NEW MEXICO LEGISLATURE Property Tax Disclosure Bills Another property tax disclosure bill has moved in the Senate the last ten days. SB 564 (Duran), originally introduced in the Senate at the request of RANM, would require the property owner to provide the written declaration obtained from the […]

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OP-ED- Equity in Property Taxes

Todd Clarke @ January 29, 2009 # Comments Off on OP-ED- Equity in Property Taxes

OP-EDEquity in property taxes Todd Clarke CCIM The Albuqueruqe Journal editorial titled “Add Equity to State’s CAP on Property Taxes” dated January 23, 2009 contains only part of the information needed to make an informed decision about making changes to the NM property tax system. As always, there are unintended consequences of any piece of […]

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