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Property Reassessment

Is the lease up on this apartment-based business?

This story appears in the November 2004 issue of Entrepreneur. Subscribe »

Q: I run a mail order out of my . But my landlord is concerned that my business will cause his taxes to change from residential to commercial, which are higher.

A: We've never seen a situation in which was reclassified because of a . Julie Pfeiffer of the International Association of Assessing Officers says each state has its own code for property assessment, but in some , municipal rulings differ from those of the state. She advises talking to your local assessor.

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