When it comes to Business Personal Property, handling it for a single property can be exhausting when the due dates are near. What will be the scenario when you are supposed to…
Tax errors that can increase the IRS audit to about six years
In general, the IRS has three years of time to audit after you have filed your taxes. In cases where the taxpayer has omitted more than 25 percent of his income, the…
Is your Texas property tax bill worrying you?
It is a must for every homeowner to make sure that you are not paying too much on property taxes than you ought to pay. But how do you check it and…
Can a cost segregation study help you reduce your tax burden?
Real estate investors have two options to expense their real estate costs. One is the traditional straight-line method and the other one is the cost segregation method. The second method renders a…
What is 1031 Exchange?
If you have plans to sell your property and buy another property from the money gained from your recent sale then you must definitely know about the 1031 exchange. This 1031 exchange…
If you don’t agree with the ARB’s decision, here is what you can do
Say, you opted to file a protest on your property taxes and you just had a hearing before the appraisal review board. If you do not agree with the decision made by…
How Can Seniors Be Excluded From The Property Tax Burden?
Property taxes are a burden for many taxpayers. Unfortunately, it’s an extra added burden for seniors in Texas. But Texas has given many exemptions and other ways to reduce property taxes of…
Have you filed an appeal on your property taxes? Here is how you can prepare for your property tax appeal hearings.
If you are planning to prepare for your property tax appeal hearings, the following information will help you. This blog gives you a brief introduction about property taxes, how to prepare for…
Forms of Harris County Appraisal District
As the tax protesting season is on the way, every homeowner has lots of paperwork to do. But the real question is, do homeowners have a real idea about forms in the…
Appealing your property tax bill
Homeowners, are your property tax bills going up? If the pandemic is hitting hard on you, here is some relief. No matter if you see a significant increase in your tax bill,…
Blog Author
Patrick O’Connor, MAI, Owner and President Patrick O’Connor has been active in reducing property taxes, providing expert witness testimony and appraising commercial real estate property since 1983. Pat is active in publishing analyses and data with respect to the real estate market, while being a highly regarded media spokesperson for the real estate community. He holds a MAI, the highest achievable designation from the Appraisal Institute, and is a licensed senior property tax consultant. Pat earned a Master of Business Administration from Harvard University. In 2001, he authored the first definitive consumer guide to Texas property taxes, Cut Your Texas Property Taxes.