Property Tax Appeal

The year 2020 has brought lots of changes in the economy. Are you worried about paying the 2021 property taxes? Then you must plan on this Q4 for your tax appeal. The IRS form 1040 has made a few changes this year. Every year the tax codes may be changed so that line numbers can … Read more

Are you a property owner who has received your appraisal by email? Do you want to protest your property taxes? Are you in a dilemma on how to file an appeal? Don’t worry, you are not alone! Property taxes might seem a little complicated but they are a principal source of revenue for the county … Read more

Do you know that depreciation has a tax impact? Obviously, it has a tax impact because it is a method that is used to calculate the cost value of any property. Depreciation, in general, helps a company or property owner to reduce the amount of taxes they are paying for a year. When the company’s … Read more

Texas does not have any state property tax as such but does have taxes that are all locally assessed. Property taxes are the major source of revenue that pays for the services the local government offers. Property taxes are determined based on the appraised property values and sometimes the values might seem high and that … Read more

For those living in Texas, taxes are one of the certainties in life but it doesn’t mean you will have to agree with the amount of taxes you pay. Property tax valuation amounts are not carved on stones, it can be reduced if taxpayers make use of the property tax appeals to their fullest advantage. … Read more

As a property owner, you have every right to protest with regards to your property tax appraisal. Not many are aware of the protest process or are familiar with the appeal procedure. Are you concerned about the appraised value of your property? Unequal appraisal, not happy with the actions taken by your county’s chief appraiser … Read more

When filing a property tax appeal, you must have come across the word binding arbitration, but what is it all about. Arbitration refers to resolving a dispute outside of the court. Parties reach out to an arbitrator; the arbitrator listens to the disputes and comes up with a decision. This blog is a primer on … Read more

As we are stepping into 2021, it is better to have clarity on tax protesting. Most people think when they can’t pay their property taxes they may have to out of a location. But that’s not the solution we are looking at! There is a more realistic approach that can help to reduce your tax … Read more

Every real estate investor focuses on reducing his/her tax liability and tries to take advantage of the tax strategies available. But, not all are aware of cost segregation. Cost segregation is an IRS defined approach for reducing your taxable income. It identifies and depreciates the components of a real estate property at an accelerated rate. … Read more

People are trying to save more dollars rather than spending them. Are you looking for dollar saving ideas in rental investment? Then there are tax deductions available for rental property investors! Property taxes won’t be a burden anymore when you are completely involved with better tax strategies. You can be a passive investor or a … Read more