Posts Tagged ‘tax statements’
Taxes, may be forced to budget a “big chunk” of their operating budgets each year for property taxes. You should always be looking for a way to increase the return on your investment, and reducing property tax expenses can have a significant impact on your bottom line.
Market Value vs. Assessed Value
Many investors have asked why Texas property taxes keep increasing even though their revenue has declined and operating expenses have increased. In addition, some appraisal districts have been slow to recognize the huge increases in insurance expenses. Since property taxes are such a material expense, investors have realized they need to review assessments annually. Most Texas real estate investors appeal their property tax assessment annually. Read the rest of this entry »