Are You Living In Cook County? Then Lookout For High Property Taxes!

Cook county is coming up with new plans to work on their tax codes and reforms to start from scratch! The property tax bills were late because it took a long time to correct the errors in the senior citizen exemptions program. The county assessor identified the problem with the senior citizen exemption program and … Continue reading Are You Living In Cook County? Then Lookout For High Property Taxes!

Wise Appraisal Districts Raises Commercial Values 10.2% In 2021

Most property owners believe appraisal districts should cut taxable values in 2021. 93% of Texas property owners surveyed by O’Connor thought appraisal districts should reduce values in 2021 due to the impact of COVID. Wise Appraisal District raised the overall taxable value of commercial properties by 10.2%, for the 8,143 commercial properties with 2021 values … Continue reading Wise Appraisal Districts Raises Commercial Values 10.2% In 2021

Here Is How Texas Government Calculates Property Taxes

Government agencies play a major role in determining the property taxes Texans owe every year. As the population in Texas is growing, the demand for housing booms, and the property values, in turn, increase the property taxes Texans pay every year. Determining how much the Texas property owners owe is quite a complicated process and … Continue reading Here Is How Texas Government Calculates Property Taxes

Understanding Replacement Reserves In Commercial Real Estate 

What are replacement reserves and why are they important? This is often a topic of confusion for commercial real estate experts.  How much should you set in your replacement reserves? Where should you include it in your financial records? Can CRE loans help build your replacement reserves? Below we have highlighted important factors about replacement … Continue reading Understanding Replacement Reserves In Commercial Real Estate 

Work-From-Home is Changing the Future of Commercial Real Estate

Remote work is nothing new. Many employees had occasionally been telecommuting from home or clients’ offices long before the COVID-19 turned Zoom meetings and Slack messages into the norm rather than the exception. However, despite the vaccine rollout, employees are not rushing to get back into the office. Remote work is here to stay  The majority … Continue reading Work-From-Home is Changing the Future of Commercial Real Estate

Will Texas See High Property Taxes In 2022?

The big question now is, are Texans likely to experience a higher property tax rate in 2022 or is going to remain the same? This question is bombarding many Texans’ minds. However, in a press release on the 30th of August, Senator Bettencourt said Texans will see a reduction of at least 6.6 pennies on the school … Continue reading Will Texas See High Property Taxes In 2022?