Protest
and Reduce Your Property Tax Annually www.poconnor.com
How To Do A Property Tax Protest? You have a right to lower property taxes! State law prescribes a procedure for protesting the assessed value of your property. The process is sometimes laborious and can be painstaking. But it is possible to achieve results if you can present evidence to support your case. You may represent yourself, or you may engage an agent to represent you by signing an Appointment of Agent form. Any agent who presents an appeal on your behalf must be a Licensed Tax Consultant in the State of Texas or possess another related real estate license. O’Connor & Associates has the staff and support team to represent your interests in protesting your property’s assessed value. There is no cost to you unless we save you money.
Steps to Protest and Reduce Your Property Tax Annually Step 1: File a Protest Texas property tax appeals can be filed using the form provided by the appraisal district, or click here to download the form to file a Texas Property Tax Appeal in the property tax resources section.
Step 2: Research the Central Appraisal District’s Record Card The appraisal district in your county has a record card for each property. This card contains information such as lot size, building size, amenities and then go to the district office to obtain the complete record card.
Step 3: Establish Property Value Texas appraisal districts typically recognize one of three different approaches to determine market value. Those approaches are Sales Comparison Approach, Income Approach, and Cost Approach.
Step 4: Journey through the Legal Avenues After filing a protest, you will be notified of a date and time to attend a hearing, conducted with an appraiser at the appraisal district office. At its conclusion, it will either indicate whether to make an adjustment or offer to settle by establishing lower assessment.
Reasons To Protest Property Taxes Annually It is your money. You can spend your money better than the government. Property taxes are one of the most significant taxes for many Texas families. Texas has a high sales tax and no personal income tax. Property taxes are the only tax that can be appealed. Property tax is ad valorem. Ad valorem means based on value. There is no cost to protest. Some years the appraiser at the informal hearing will be open minded and focused on finding a win-win settlement. You can protest every year regardless of whether the appraisal district raised, lowered or did not change the value.
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Enroll today
in the Property Tax Protection Program and get to know your potential tax savings. www.poconnor.com