Protesting Property Taxes

Insights on how to protest property taxes and the property tax appeal procedures

Oconnor 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. 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

Assessed Value’s Significance On Property Tax Calculation

Assessed Values 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 neighboring properties. It is assigned by the state or local government to calculate the property taxes of that particular property. An assessor directly … Read more

Should I opt for a binding arbitration?

should-I-opt-for-binding-arbitration-oconnor

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

Protesting Your Taxes Can Be Your New Year Resolution!

protest-your-taxes-new-year resolution-oconnor

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

Why protest property tax in Texas?

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 and many pay the bill as it is without raising a question or without even understanding how the numbers arrived. Just because it … Read more

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 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

Pay Less Property Taxes On Your Rental Investment

oconnor-pay-less-property-taxes-on-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 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

Business personal property tax: don’t pay more than you need to

will-texas-see-high-property-taxes-in-2022

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 article, you will get to know, in detail, what business personal property tax is, if you are responsible to pay it, and how … Read more

Covid 19 affects on property taxes

covid 19-affects-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 highs and lows. Though the work-from-home policies of various companies succeeded with their workflow, this has emptied most of the commercial properties and … Read more

Brazos County Tax Bill, Get Ready To Protest!

property tax

Brazos county property owners, here is an important update. If you live in the BCAD then you must be one among the 117,000 property owners who are about to receive your tax bill. You can most likely expect your tax bill to drop in your mailbox on October 14th. So make sure you keep an … Read more