Oconnors Property Tax Resource

w w w.po co nnor.c om

O’CONNOR’S PROPERTY TAX RESOURCES

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, upon which you are taxed by multiple taxing jurisdictions.

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.

01.

www.po co n n o r.co m

PROPERTY TAX APPEAL STEPS

02.

01.

File a Protest

02.

Research the Central Appraisal District Record Card

03.

Establish Property Value

04.

Journey through the Legal Avenues

Steps to Protesting and Reducing Your Property Value Annually www.po co n n o r.co m

REASONS TO APPEAL It is your money.

You can spend your money better than the government.

Property taxes are the only tax that can be appealed.

You cannot get the hearing evidence package unless you protest.

There is no cost to protest You can protest market value and unequal appraisal.

You cannot get the hearing evidence package unless you protest

03.

www.po co n n o r.co m

TEXAS PROPERTY TAX USEFUL INFORMATION Property taxes are a substantial expense for Texas homeowners, averaging about $3,600 annually. To reduce this expense, property owners should annually review and consider appealing property taxes.

Property Tax Exemptions The Texas legislature has provided numerous property tax

exemptions for taxpayers. Exemptions for homestead, over 65 homestead, disabled homestead, disabled veteran is just the start.

Agricultural and Timberland Appraisal Property taxes for agricultural land and timberland can be cut by well over 90% by obtaining an “ag

exemption”. However, there is some controversy over who

Protest and Appeals If you disagree with the

appraisal

district’s

value or any action of the appraisal district about your property, you may file a protest

with the appraisal review board (ARB).

should qualify.

04.

www.po co n n o r.co m

ENROLL TODAY In the Property Tax Protection Program

www.poconnor.com