Modernize your process and mitigate your risk with Cotality Commercial Tax Solutions

Cotality  Commercial Tax Solutions provide essential services and products for the reporting, payment, and monitoring of property taxes. Managing a commercial real estate portfolio is inherently complex and presents various potential risks, including geographically diverse properties, multiple taxing authorities, and differing regulations among other challenges.

We offer comprehensive tax solutions for lenders, servicers, real estate enterprises, and non-lenders (REITs, retail, hospitality, etc). Our clients use our tools to efficiently manage their commercial real estate portfolios.

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Comprehensive tax management

• ‍‍Reduce risk: The most essential data and business logic seamlessly integrated with your systems and workflows to process tax transactions at scale.
• Gain efficiency: Full access to your data with payment reporting and verification.
• Powerful technology and infrastructure: Our technology is highly scalable and built on dynamic information sources, offering control of your data, business processes and accounts.
• Flexible, dedicated service: Our dedicated success managers will share their expert knowledge of the commercial tax business, and partner with you to find a solution to fit your business challenges.
• Quality: Transparent access to your portfolio 24/7 and reporting of payments and verifications.

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Commercial tax services

‍Tax certificates for lending and special services

• Residential and commercial tax certificates
• Property status
• Delinquencies
• Due dates
• Installment amount

Tax payment services

• Daily reconciliation and canceled checks provided
• Client-controlled payment through approval
• Issue resolution
• Refund management

Tax reporting

• Management of timely payment decisions via TaxQ online reporting
• Tax amounts by agency, discount and installment
• Payment requirements
• Updated delinquent status of prior installments
• Verified payment status with each taxing entity starting at 45 days

TaxQ

• All-in-one platform to access all the services listed here
• Leverages Cotality’s vast network of tax data providers
• Resources like videos and how-to guides
• Updates for agency alerts and upcoming due date actions
• Easier access to customer support

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Tax monitoring and verification

Complete tax research

• Detailed search of each asset/loan prior to onboarding
• Parcel, address, and legal description reviewed in search process
• Parcel number discovery
• Agency association with a database of over 22,000 taxing entities across the U.S. and its territories
• Ownership name and address variance validation
• Delinquent status search

Delinquent and sold tax

• Update of payment status
• Total amount delinquent by year and installment
• Penalty and interest provided with payoff details and good-through dates
• Tax redemption documents

Portfolio management

• Unpaid or partially paid delinquency tax report
• Asset and portfolio reporting capability within TaxQ

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For information about Cotality Commercial Tax Solutions, submit this form, and a representative will reach out soon.

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