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 … Continue reading Are You 65 Years Or Older Or Disabled? Here Is What You Should Know About The Property Tax Deferral. →

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 … Continue reading Big Change & New Savings For Texans! Homestead Exemptions In 2022 →

Property tax assessments for homes were increased by 13.1% for the tax year 2021, based on a review of 13,299 homes valued by the Nueces Appraisal District.  Homes valued at $1 million or higher had the largest increases, an average of 14.6% higher than 2020. Review of 13,299 homes valued at $300,000 or indicates an … Continue reading Nueces County Residential Values Increase 13.1% →

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 … Continue reading Why Is A Cost Segregation Study (CSS) Considered A Good Idea To Reduce Property Taxes? →

Property tax assessments for homes were increased by 7.8% for the tax year 2021, based on a review of 16,564 homes valued by the Midland Appraisal District.  Homes valued at $1 million or higher had the largest increases, average 8.7% higher than 2020. Review of 16,564 homes valued at $300,000 or indicates an increase in … Continue reading Midland County Residential Values Increase 7.8% →

Property tax assessments for homes were increased by 13.9% for the tax year 2021, based on a review of 12,833 homes valued by McLennan Appraisal District.  Homes valued at $1 million or higher had the largest increases, average 16.3% higher than 2020. Review of 12,833 homes valued at $300,000 or indicates an increase in assessed … Continue reading McLennan County Residential Values Increase 13.9% →

Texas property tax rates have always been skyrocketing and many property owners out there are expecting to see a tax break because of the current economic situation, but sadly it is not on the horizon. With COVID-19 hitting the real estate market, Texans are not likely to see any tax break in 2020. The opportunity … Continue reading Protesting Property Taxes During A Pandemic →