O’Connor Associates
Property Tax Exemptions – The Texas legislature has provided numerous property tax exemptions for taxpayers. Visit us @ https://www.poconnor.com/texas-property-tax-useful-information/
There are three standard, generally accepted approaches to determine market value for commercial properties. They are:
1) Cost Approach
2) Sales Comparison Approach
3) Income Capitalization Approach.
After developing the approaches to value the appraiser places appropriate weight on each value indication based on relevance and the availability of reliable data, to reconcile the analysis into a final value conclusion.
For formation on Commercial Real Estate Appraisals visit:- https://www.poconnor.com/blog/commercial-appraisals-how-is-the-value-derived/
Over-assessment of your business personal property taxes can sometimes be a complicated mess.
There are four steps you should take if your property taxes are over-assessed.
1) Research market price
2) Seek experienced help
3) Go to the CAD
4) File an Appeal with the ARB
to learn more about the steps to take if your BPP is over-assessed! visit:- https://www.poconnor.com/blog/4-steps-you-should-take-if-there-is-a-gross-over-assessment-of-your-bpp/
You can also obtain a FREE evaluation of your BPP that will show your potential tax savings.
O'Connor provides property tax consulting services for both residential and commercial properties in numerous cities throughout Texas. To know property tax trends and comparison between cities
