Texans, Did You Know? 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 … Continue reading Texans, Did You Know? Your Upcoming Property Tax Bills Could Be Lower! →

Top Five Mistakes Property Taxpayers Should Avoid

Companies that operate in the United States or companies that have tangible business personal property in the state must pay annual property tax returns. These returns include listing the year the BPP was acquired and the first cost of the asset. Many people are not aware of the fact that taxes on business assets are … Continue reading Top Five Mistakes Property Taxpayers Should Avoid →

Cost Segregation – Reduce Taxes & Increase Cash Flow!

Are you looking for new strategies to increase cash flow for your medical facility, then this is the best time to opt for a cost segregation study. If you are planning to construct a new medical facility or purchase an existing building then cost segregation will help you reduce your income tax liabilities and also … Continue reading Cost Segregation – Reduce Taxes & Increase Cash Flow! →

Will The City Of El Paso Increase Its Property Tax Rate?

El Paso city officials are seeking ways to source revenue in the 2022 budget. The best part is, sources say this will not have an increase in the property tax rate. The Chief Financial Officer said the city will maintain the same property tax rate for the 2022 fiscal year budget. In April, the CAD … Continue reading Will The City Of El Paso Increase Its Property Tax Rate? →

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 … Continue reading What Every Real Estate Investor Needs To Know About Cost Segregation? →

Is February Nearing & Have You Not Received Your Property Tax Statement? Here Is What You Can Do

The Texas county appraisal districts usually evaluate the value of the properties in their respective counties. After the protest period has expired, and after the taxing entities have agreed with the tax rates, the property tax bills are sent out to property owners either electronically or by e-mail. This begins on the first of October … Continue reading Is February Nearing & Have You Not Received Your Property Tax Statement? Here Is What You Can Do →

Cost Segregation – The Best Tax Advantage Strategy

This tax strategy can help you increase your cash flow and help reduce the current tax liability, both at the same time. If you are looking to hold your hard-earned cash, then say YES to Cost Segregation. UNDERSTANDING COST SEGREGATION Cost segregation is one of the best tax-saving tools that can help a taxpayer accelerate depreciation and … Continue reading Cost Segregation – The Best Tax Advantage Strategy →

Can Manufacturing Facilities Benefit From Cost Segregation?

A cost segregation study identifies personal property assets that are grouped with real property assets. The study then separates the personal assets for tax purposes. Personal property includes both a building’s non-structural elements, indirect construction expenses, and exterior land improvements. Conducting a CSS requires the experience of an engineer who has a good understanding of … Continue reading Can Manufacturing Facilities Benefit From Cost Segregation? →