The Real Deal Miami

Corcoran sheds light on property tax problems

April 13, 2010 02:32PM

With the April 15 tax day inching ever closer, Barbara Corcoran, founder of the Corcoran Group, has some ideas on how to slash one’s property taxes. She told NBC’s the “Today” show to watch out for inaccurate home value assessments, which can be off by as much as 40 percent, and will jack up the amount of property tax that you owe. Another thing to watch out for are basic assessment mistakes, Corcoran said, like miss-marking the number of bedrooms and bathrooms in a home.