Property Taxes
State Rep. Victoria Neave has found herself in hot water with Dallas County and is being sued for more than $26,000 in late property taxes on her Abrams Road home. Documents filed Tuesday reveal that Neave is arrears to the tune of $26,760.73, and is listed in the suit along with her former law partner…
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By Lydia Blair Special Contributor At closing, some items, like real estate taxes, are divided up between the buyers and sellers so that each party pays their share of the expenses. This is called proration. The amount each party pays is based on the number of days in the year (or month) that they own…
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Complaints about skyrocketing property tax bills are nothing new, but few people take the time to find out exactly what goes into that number. For many, fighting property taxes has not been a priority because they could ultimately write-off the amount on their income taxes. That changes this year. Under the guidelines of the Tax…
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Bathrooms? That’s so 2017. The new hot legislative priorities lighting up Austin this legislative session are school finance and property taxes. Think I’m kidding? New House Speaker Dennis Bonnen put it on a cup — actually, every cup in the Senate lounge is now emblazoned with “School Finance Reform, The Time Is Now.” The session…
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By Lydia Blair Special Contributor A reader writes: “I bought a home in 2018 and my taxes are escrowed by my mortgage company. How do I get a homestead exemption to get a discount on my taxes? Do I need to repeat the process every year? How much does it save me?” You most definitely…
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