Businesses and individuals owning real estate in Kentucky valued at US$1,000,000 or more for tax purposes should act now to reduce their Kentucky real estate tax bill. Long-term lessees obligated to pay property taxes should also take action.

It’s Now or Never! Request a conference with the Property Valuation Administrator (PVA) for the county in which your property is located before the “open inspection” period ends on May 17, 2021. Although, in Kentucky, the County Sheriff sends out property tax bills for real property in the fall, the time to dispute “overvaluations” of real estate is now. The process is the same throughout Kentucky, whether your real estate is located in Jefferson County, Fayette County, Boone County or any other Kentucky County. The PVAs’ position is that the request required by statute for a PVA conference must be filed with the PVA before the end of the inspection period; otherwise, the right to appeal is lost.

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