Property Tax Reduction Blog

Home improvements and their effect on property taxes

Home improvements and their effect on property taxes

Most homeowners have the question, “Do I get a tax break on the money I’ve spent?” on their minds when they are fixing up their homes. The answer differs based on the kind of improvements and how well the expenses incurred are tracked. In most cases, the money that is spent on the capital improvements … Read more

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Texans, did you know? Your upcoming property tax bills could be lower!

Texans, your upcoming property tax bills could be lower

Yes, you read it right! Texans can expect to see a lower tax bill in 2022. This could be the result of the tough political climate. According to Senator Paul Bettencourt, the value of a house that is around $300,000 will be able to save around $200 in 2022, according to Bettencourt’s office, no matter … Read more

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Top five mistakes property taxpayers should avoid

top five mistakes property taxpayers should avoid

Companies that operate in the United States or companies that have tangible business personal property in the state must pay annual property tax returns. These returns include listing the year the BPP was acquired and the first cost of the asset. Many people are not aware of the fact that taxes on business assets are … Read more

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Cost Segregation – Reduce taxes & increase cash flow!

Cost Segregation Reduce taxes & increase cash flow

Are you looking for new strategies to increase cash flow for your medical facility, then this is the best time to opt for a cost segregation study. If you are planning to construct a new medical facility or purchase an existing building then cost segregation will help you reduce your income tax liabilities and also … Read more

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Will the city of El Paso increase its property tax rate?

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El Paso city officials are seeking ways to source revenue in the 2022 budget. The best part is, sources say this will not have an increase in the property tax rate. The Chief Financial Officer said the city will maintain the same property tax rate for the 2022 fiscal year budget. In April, the CAD … Read more

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