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
Property Tax Reduction Blog
What every real estate investor needs to know about cost segregation?
As a real estate investor, you must definitely be putting efforts into how to minimize your tax liability. One tax strategy you should be focusing on is cost segregation. It acts as a shield in reducing taxable income for real estate owners by depreciating a few components at an accelerated rate. This blog is all … Read more
3 Types Of Depreciation Methods To Reduce Property Tax!
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
A Complete Guide on Property Tax Exemption
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
How, when & why should you submit a property tax appeal letter?
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