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…
Insights on how to protest property taxes and the property tax appeal procedures
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….
Assessed Value’s Significance On Property Tax Calculation
What is the assessed value? An assessed value is a particular value assigned for a property that helps in taxing purposes. It is calculated with the help of sales comparables of various…
Should I opt for a binding arbitration?
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…
Protesting Your Taxes Can Be Your New Year Resolution!
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…
Why protest property tax in Texas?
Many homeowners either plea for help or speak against the increasing tax rates. But, not all find a solution. A property tax bill is something that drops in your inbox every year…
The impact of cost segregation on property tax
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…
Pay Less Property Taxes On Your Rental Investment
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…
Business personal property tax: don’t pay more than you need to
Business owners must be quite familiar with the term business personal property tax (BPP). But did you know you can reduce your personal property taxes that you are paying now! In this…
Covid 19 affects on property taxes
It was in the mid of March, that we started accepting the new normal of covid-19. From the very beginning of the quarantine, the real estate market was into a storm of…
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.