Property Tax
It’s no secret that the SALT tax, that $10,000 cap on state and local deductions on your federal tax return, hurt high-end real estate. Agent upon agent have told me that owners of homes valued at more than $1 million took a look at their tax returns this year and said, what happened? What happened…
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Squeaking in just before May 27 and sine die, lawmakers in the state House and Senate passed a school finance bill that will provide raises for teachers, pre-K, and property tax relief. The final OK comes a day after Gov. Greg Abbott, Lt. Gov. Dan Patrick, and House Speaker Dennis Bonnen announced that the two…
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The Dallas Central Appraisal District and I have very different opinions on what is considered “desirable,” it seems. Last year I began to notice a change in how DCAD valued certain multi-family and high-rise condo properties. Specifically, I noticed that The Warrington units of the same floor plan and judged as being in the same…
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Don’t say we didn’t warn you — the deadline for property tax protests is uh, today. And if you think this requires a massive scramble of documentation to file, we have good news: It can take as little as 10 minutes. We’ve been telling you about PropertyTax.io since last year. It’s an online tool developed…
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By Lydia Blair Special Contributor Property taxes are the talk of the town right now. Municipalities all over the Metroplex are proposing tax rate increases on top of the frequent increase in property values. This year’s tax bill may be a double whammy for our already steep homeowner taxes. If you’re thinking of avoiding those…
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