poconnor

  Big news!  During the past 40 years, there was no consequence if the appraisal district or the appraisal review board ignored the laws regarding property tax hearings including the following: Sending proper hearing notice, Providing hearing evidence 14 days prior to the hearing if requested, Only providing lawful evidence at the ARB hearing, Ruling in favor of the property owner unless the appraisal district proves their case “by a preponderance of the evidence presented at the hearing”, Ruling in favor of the property owner if the appraisal district does not present lawful evidence, Considering appeals on unequal appraisal, including both the appraisal district’s and owners’ unequal appraisal evidence, Allow the property owner to cross-examine the appraisal district’s appraiser. Two sections of House Bill 988 provide a mechanism for property owners to remedy unlawful behavior by the appraisal district or appraisal review board during appraisal review board hearings. Provide...

  Are you thinking about the taxes you need to pay for this year are quite high when compared to the previous year? Then you need to check whether your property is assessed properly. Here is a brief idea of property tax assessment  and how to appeal it properly. What is a property tax assessment? Since property taxes  are the main source of income for the government, The cost of services provided by the government is primarily acquired from the property taxes paid by homeowners. Every year many homeowners get a bill but they are not aware of how the calculation is done. Here is a simple example to help you understand the assessment value. House A has a value of $250,000. The cost of services for that year is $1000. The government calculates the tax rate by assessing all the properties in the town. In this case, we can consider the tax rate as 0.15%. The tax rate for house A is given as 250,000 * 0.15 = 375.00 The property tax bill for house A is  $375. The property t...

  As you may already know, Texas does not have a state property tax, the property tax rates are locally assessed. Property taxes are the major source of revenue and bring in most of the money to provide services offered by the local government. The Texas government offers special protections for the property owners in Texas and one such protection is the over 65 exemption.  WHAT IS THE PROPERTY TAX EXEMPTION FOR OVER 65? Homeowners aged 65 years or older qualify for this exemption. All homeowners aged 65 years or older qualify for a standard $25,000 homestead exemption. Other than this, the Texas school districts offer a $10,000 exemption for qualifying homeowners aged over 65. An additional exemption of $3,000 is offered by many cities and counties as well. Get to know about the additional exemptions by contacting the  appraisal district. WHEN DO I QUALIFY? You qualify for this exemption on the day you turn 65. To claim for this exemption all you have to do is submit pro...