Dallas Central Appraisal District staff saw Stephen White a lot last year. The founder and president of Sentry Real Estate Advisors spent hours in the musty DCAD building researching property appraisals. His goal was to help clients fight their perpetually increasing property tax bills. He expects to be even busier this year.
“With the new tax laws that are out there, it is important that people keep focused,” White said.
Homeowners were previously allowed to deduct property taxes from their federal income taxes. Under the terms of the new tax code, that amount is now capped at $10,000, increasing the financial burden for those with large property tax bills.
“A lot of the ramifications have not been realized because people haven’t felt the pain yet,” he added.
White, a Park Cities-based agent for Allie Beth Allman and Associates, founded Sentry last year on the premise that he could generate business by providing a service that nobody else would offer for free.