In Colorado, your commercial property tax is calculated based on a straightforward formula: (Market Value of Property) x (Assessment Rate) x (Mill Levy). While the formula is simple, the application of the formula to real life situations can quickly become complicated and the outcomes are often vigorously contested.
At Downey & Associates, PC we represent individuals and businesses in property tax cases in Denver and throughout the entire state of Colorado including mountain and rural counties. We have also handled property tax appeals for clients in surrounding states and across the nation. The most frequent complaint we hear is that a county assessor has overvalued a property, leading to an excessive property tax liability. With more than 25 years of experience in this practice area, we can assist you with a property tax appeal or other property tax matters.
If you have a property tax issue, speak with a property tax attorney who has decades of experience and a stellar reputation with local assessors, appraisers and public officials in and around Denver and the greater Colorado area. Contact us for an appointment.
Advising You on All Property Tax Matters
Our firm helps commercial property owners, developers, and investors receive fair treatment in matters related to property tax assessments and valuations. We also help clients proactively manage property tax costs by advising them prior to major business transactions including the sale or purchase of property.
We advise clients who:
- Feel their property has been overvalued by an assessor or appraiser
- Believe that their property has been inappropriately classified, for example, as commercial when it should be residential
- Think they should qualify for charitable, religious, agricultural or other exemptions
- Want representation in tax abatement negotiations
- Have overdue taxes on a property
- Are considering the sale or purchase of property and want to understand all of the possible property tax implications
Related: What Property Tax Exemptions Are Available in Colorado?
Contact Us
To work with a property tax lawyer who understands this narrow area of the law, who has a background in the field of appraisals as they apply to commercial property, and who has credibility with the assessing authorities, choose Downey & Associates. We provide experienced representation in all areas of property tax law (ad valorem) including property tax appeals, disputes and protests. Contact us today to arrange a meeting.
Frequently Asked Questions
What should I do if I disagree with my property tax assessment in Denver?
If you disagree with your property tax assessment in Denver, it's crucial to act promptly. Reach out to us for an evaluation of your case. Our property tax attorneys will advise you on the best course of action, whether it's seeking a reassessment, filing an appeal, or exploring other legal avenues to ensure your property is fairly valued.
Can property tax attorneys help with exemptions and abatements for Denver properties?
Yes, our Denver-based property tax attorneys can guide you through the process of applying for property tax exemptions and abatements. Whether you're eligible for charitable, religious, agricultural, or other exemptions, we can help you navigate the application process and maximize your savings.
How are Colorado commercial property taxes calculated, and who sets the percentages used?
Colorado property tax is calculated by multiplying market value by the applicable assessment rate and then by the local mill levy. The assessment rate is set by state law and can differ by property class such as residential or nonresidential. Mill levies are set by local taxing entities to fund services like schools and special districts. Knowing both figures is essential because a change in either can materially affect the final tax. Owners should verify their property’s classification since it drives which assessment rate applies. The Colorado Department of Local Affairs explains assessment rates, base period concepts, and mill levies.
What evidence is most persuasive in a Colorado property tax appeal, and what sales period counts?
Comparable sales adjusted to the statutory base period are the cornerstone for most residential appeals. By statute and guidance, assessors typically rely on an 18- to 24-month sales study ending June 30 before the reappraisal year, with extensions back up to five years if data are sparse. For the 2025 reappraisal, many counties used sales between July 1, 2022 and June 30, 2024, with time-trend adjustments as needed. Appellants should submit MLS printouts, closing statements, photos, and adjustment explanations tied to that window. Commercial owners can also present income and expense data where appropriate. DOLA and county assessor resources outline the base period and time trending practices.
What are the key 2025 protest and appeal deadlines for Colorado property owners?
The General Assembly clarified that assessor protest hearings for real property run through June 8 under recent legislation. After the assessor issues a Notice of Determination, owners can appeal to the County Board of Equalization by statutory deadlines such as July 15 for standard procedures or by September 15 in counties using alternate procedures. If dissatisfied, owners may proceed to the Board of Assessment Appeals or district court per statute. Missing a deadline usually forfeits the right to continue the appeal, so calendaring is critical. Check your county’s notice for the specific window that applies in your jurisdiction. See HB 25-1324 and C.R.S. 39-8-106, and consult the Colorado Judicial Branch overview of property tax appeals.
Looking for expert advice on property tax matters in Denver?
If you're facing challenges with your property taxes in Denver, don't hesitate to reach out to us. Our team of property tax attorneys have the expertise to advise you on all aspects of property tax law, from assessments and appeals to exemptions and abatements. Let us help you manage your property tax issues effectively.
Additional Information in Denver, Colorado
- Property Tax Task Force: The Colorado General Assembly has set up a task force to study and recommend a sustainable property tax structure for the state. This initiative aims to balance the needs of local governments with the financial well-being of property owners and tenants.
- Governor's Announcement on Property Tax Cuts: Governor Polis and legislative leaders announced a plan to reduce property taxes, aiming to save Coloradans money and provide relief from property tax spikes.
- Legislation on Property Taxes for 2023 and 2024: Provides information on legislative measures to adjust property tax assessments and rates for residential and nonresidential properties in Colorado.
