pvs overview
DESCRIPTION
A short history of our company and description of our services.TRANSCRIPT
Property Valuation ServicesSpecializing in Complex Properties
1400 Metcalf Avenue
Overland Park, KS 66223
www.propertyvaluationservices.net
888-862-2722
About PVS
PVS was founded in 1997 in Overland Park, Kansas by David Dlugopolski and Robert Hileman.
Their backgrounds in both Personal and Real Property taxes, as well as, their business experience and commitment to quality work are the foundation for what has become one of the most successful privately held companies in the Property Tax Consulting Industry.
Business Units
• Real Estate Property
• Business Personal Property
• Asset Clean-up/Asset Tag and Reconciliation
• Equipment Appraisal
• Real Estate Appraisal
Property Tax Portfolio
Large National Corporate Clients
49 States
Over 2400 Assessing Jurisdictions
Our People
Fortune 120 Corporate Tax
Portfolio Managers
Medical Equipment& Imaging Specialists
State Licensed Consultants
MAI/ASA/CGA Appraisers
Healthcare Business Owners and Operators
CMI and IPT Members
MBA/BS Finance and Accounting
Based Staff
Business Acquisition& Merger Specialists
Our Expertise
Hospitals
Diagnostic Imaging
Surgery Centers
Renal Dialysis
Skilled Nursing
Oncology
HealthcareManufacturing
Malls
Hotels
Resorts
Office Buildings
Golf Courses
Complex Properties
PVS Portfolio
Properties by State
206
116 (CT)
773
22691
30329 (DC)
1003
412
54
214
177 183
229
155 (MA)
162 (MD)
35
208
408
239
464
73
141
74 57
250
99
34 (RI)
321479
1259
38347
235
109
7066
44
1 (DE)
71
1219 4
18 (NH)
27 (NJ)
132
10 (VT)
14
3 (AK)
Parcel Growth
1998 – 2009
05000
100001500020000
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
Nu
mb
er
of
pa
rce
lsParcel growth
PVS Parcels
Leased Parcels
Owned Parcels13,554
4490
Operational Statistics
294 Clients
9,577 Properties
18,044Parcels
8,015Returns
21,439Tax Bills
PVS ServicesReal Estate and Business Personal
Property Tax Consulting
As a Tax Consulting Firm, PVS reviews, advises, and achieves the best possible result “In the Best Interest” of our Client.
• Compliance Services• Assessment Reduction Services• Proposed Assessment Tracking• Final Tax Bill Approval• Electronic Tracking and Reporting• Audit Defense• Appraisal Services• Property Tax Research Assistance
Real Estate
PVS has the expertise to educate assessing jurisdictions throughout the country regarding the valuation issues affecting Complex Properties. Our expertise includes the following:
• High Level Property Tax and Appraisal designations, such as ASA, MAI, CMI’s
• Licensed appraisers and consultants who specialize in Complex properties.
PVS DifferenceWhat sets PVS apart from your General Property Tax Consultant?
• Creative and talented team of professionals with proven track record of achieving maximum reductions while maintaining our clients long-term interests.
• We are able to quantify and separate out the Personal Property and business value of the going concern enterprise value.
• We are able to quantify functional and external obsolescence through our value analysis process.
• Expert witnesses who can support and defend our valuations before local boards of appeal and Court, if necessary.
• Nationally recognized and respected by assessing officials as experts in Complex Properties.
• Work with assessors, not against them, looking out for the long-term interest of our clients.
Compliance Services
Compliance is the most commonly used term for portfolio tax management and/or process of fulfilling the official requirements for reporting Business Personal Property, to include:
• Set up properties in PVS system to allow client exclusive internet web access to ongoing case status.
• Filing Business Personal Property Return(s)• Assessment Review and Verification• Reviewing Tax Bills for Accuracy• Issue Tax Bill Approval notice to client to confirm correct tax bill amounts so
tax bills are not overpaid or duplicated.• Submitting Approvals to Pay Tax Bills• Two management reports a year (where you were, where you are, and
where you will be) for tax planning and accrual purposes
Assessment ReductionComprehensive Valuation Approaches and Reduction
MethodologiesReal Estate
• Perform Comparative Analysis of information gathered and current assessment to determine if property is over-assessed utilizing a combination of the following methodologies– Cost Analysis– Income Analysis– Market Analysis– Compare Assessments to Competing Properties– Business Value
Business Personal Property• Equipment Valuation Utilizing Replacement Cost vs. Reproduction Cost • Asset Clean-Ups• Market Approach for High Tech Equipment• High Technology Specific Depreciation Schedules• PVS removes costs from High Technology assets making them non-taxable
or forcing them into faster depreciation schedules and/or both
Property Tax System
• Property Tax Data Organization and Management• Automated Return Generation• Flexible Reporting
PVS contracted with a Texas consulting firm to develop our own Property Tax system; designed not around marketing ploys, but around the essentials of Property Tax tracking and reporting. The end result was the PVS Property Tax System (PVSPTS).
FINALLY… a true Property Tax System designed by Tax Professionals for Tax Professionals
Why PVS
• Represents Nationally Recognized Corporate Clients• Highly diverse and experienced team of professionals• Experienced in Complex, Multi-Jurisdictional Properties• Uses the most current electronic technology available• Performs services from an analytical/accounting perspective• Centrally located• Performs services on a pre-assessment basis• Always works in the Clients best interests• PVS Property Tax Tracking System• Yearly Strategic Meetings• Build Long-Term Relationships (No Lost Clients)
Appraisal
Real Estate and Equipment Appraisal
Appraisal Solutions Group (ASG), a division of PVS; has put togethera team of appraisers who are at the forefront of the appraisalindustry. This includes Accredited Members of the ASA and MAI,designated members of the Appraisal Institute with many years ofexperience in appraising complex properties for a multitude ofpurposes.
• Property tax appeals
• Litigation
• Purchase price allocation
• Like-kind exchange
• Financing
• Books and records correction
PVS… Your Partnerin Property Tax and Valuation!
Property Valuation Services