For a manufacturer of laundry and skin-care products in Maryland, we were able to effect the reclassification of assets to a manufacturing status, making them exempt from property taxation. In addition, we developed a valuation case to rebut the current real estate assessment. We then negotiated a reduction in real estate valuation for the three-year reassessment cycle. Bottom Line: The company realized personal property tax savings of $82,000 for one year and a reduction in real estate taxes of $55,000 for each year of the reassessment cycle. Our actions generated total property tax savings of $247,000.