Property Tax Reduction Blog

Are you 65 years or older or disabled? Here is what you should know about the property tax deferral.

here-is-what-you-should-know-about-the-property-tax-deferral

Texans who are aged 65 or older or those who are disabled as per the Texas tax law can now postpone paying their current and their delinquent residential property taxes! This can be done by signing a property tax deferral affidavit at the HCAD office (Harris county appraisal district). During a news release, HCAD said … Read more

Big change & new savings for Texans! Homestead exemptions in 2022.

Big change & new savings for Texans

Those planning to become homeowners can now save thousands of dollars on property taxes this 2022! Yes, homestead exemptions help property owners potentially reduce their property’s taxable value. The new law that came into effect this January 1, 2022, offers property tax relief to homeowners by allowing them to file for homestead exemptions in the … Read more

Why is a cost segregation study (CSS) considered a good idea to reduce property taxes?

why cost segregation to reduce property tax

Many companies during the pandemic have not been involved in buying equipment in the past year and have stepped into conserving cash. The upside is that the chances for companies to claim the same depreciation tax deductions as they have been during the previous years are very few. However, a cost segregation study can help … Read more

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

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