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