Why O’Connor for property tax reduction?

Property Tax Reduction

www.poconnor.com

What Are Property Taxes?

Property taxes are a fee the local government charges owners of real estate. Unlike a mortgage, property taxes are never paid fully.

The government wants more of your money every year, year after year. The more real estate you own, the more property taxes you pay. The higher the value of your home, the more property taxes you pay.

Calculating Property Taxes Property taxes = Market Value of real estate x Assessment ratio x Tax rate.

The above simplifies the tax rate calculation by not including exemptions. Many states have an exemption for homesteads ( primary residence owned and occupied).

A more precise summary of property tax calculations is: Property taxes = ((Market value of real estate x Assessment rate) – Exemption) x Tax rate

How Much Is Too Much?

Paying property taxes above the minimum required by law is too much. You can spend your money better than the government, right. You have two primary tools to reduce property taxes: Homestead exemptions for your house, and Property tax appeals.

Homestead exemptions Property tax exemptions are one of the most meaningful and simple ways to reduce property taxes. The Texas legislature has provided numerous property tax exemptions for Texas taxpayers. Texas property taxes can be reduced by legitimate use of exemptions.

How to Appeal Your Property Taxes?

Texas property tax appeals can be filed using the form provided by the appraisal district, click here to download the form. www.poconnor.com/universal-form-file-tax-protest

Why O’Connor for Property Tax Reduction?

Contingent Fee - You don’t pay unless we save you money Automatic - We protest your taxes year after year.

Greater Protection - 3 phases of the appeals process: Informal hearing, Formal hearing before the Appraisal Review Board & Litigation and Binding Arbitration.

Binding Arbitration - To achieve equitable results for owners of homes and small commercial properties More Effective - To achieve reductions beyond the appraisal review board hearing.

More Successes - O’Connor & Associates is the largest property tax consulting firm in the U.S.

Reach us for more information www.poconnor.com