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BPP Services2024-04-05T18:46:48+00:00

Business Personal Property (BPP)
Tax Services

Our team of business personal property (BPP) tax specialists will help reduce your tax expense on business inventory, equipment, and other taxable property.

We will handle the entire process from filing timely renditions to ensuring correct asset valuations.

Types of Business Personal Property

Please note that only tangible property is taxable, so while appraisal districts will encourage you to render the entire value of items, such as computers with software, the tangible taxable value must be separate form the intangible non-taxable value. Our team will help separate the value of tangibles and intangibles to help reduce your tax liability.

Common examples of business personal property include:

Business Inventory

Office furniture and fixtures

Office and warehouse equipment and machines

Computers and Servers

Vehicles

Any equipment used in manufacturing, processing or mining

2023 & 2022 Case Studies

Check out real examples of our work in action. These are case studies featuring just a few of our recent property tax reductions.

MPW Services
Industrial Water Services Equipment & Machinery
Noticed Market Value: $2,531,996
Market Reduction: $1,373,409
We Saved the Owner $29,253.19
in Property Taxes
45.76% Reduction

Hexa Coworking
Inventory, Furniture & Equipment
Noticed Market Value: $762,610
Market Reduction: $416,770
We Saved the Owner $9,373
in Property Taxes
54.65% Reduction

Dentist Office
Medical Equipment & Furnishings
Noticed Market Value: $103,130
Market Reduction: $19,640
We Saved the Owner $2,195.55
in Property Taxes
80.96% Reduction

Denny’s
Restaurant Equipment & Furnishings
Noticed Market Value: $274,780
Market Reduction: $179,500
We Saved the Owner $2,505.60
in Property Taxes
34.68% Reduction

Quick Quack Car Wash
Car Wash Equipment
Noticed Market Value: $845,390
Market Reduction: $763,800
We Saved the Owner
$401.06
in Property Taxes
9.65% Reduction

Form & Fiber
Commercial Landscaping Products
Noticed Market Value: $1,683,412
Market Reduction: $545,687
We Saved the Owner $23,077.52
in Property Taxes
67.58% Reduction

Our Pricing

We charge a flat fee per property account for filing BPP renditions. Complex accounts may involve an extra fee, which will be discussed with client before proceeding.

If you want us to appeal the Notice of Appraised Value once the rendition is filed, we will then work on a separate contingency fee, which is a percentage of the property taxes we actually saved them from our property tax protest process. If we don’t actually save you money, our contingency fee is zero. This means our team is motivated to work as hard as possible to maximize your savings.

Included in Our Services:

  • First-class customer service with regular updates sent to client

  • Analyze your asset listing or inventory

  • Provide opinion of value based on depreciation schedules

  • Ensure compliance with property tax laws

  • Submit completed renditions by the April 15th deadline

  • Protest valuations if necessary

BPP

BPP Rendition

Starting at

$299 Flat Fee
Per Property

If a valuation protest is necessary after filing the rendition, the contingency fee for any savings obtained is 35%.

Call us at 800-918-3502 to sign up for our BPP services!

FAQ

What is a business personal property rendition?2023-03-08T18:58:24+00:00

A rendition is an official form businesses use to report their taxable assets. For taxation purposes, your property is classified as either real property (land, buildings, and other items attached to land) or personal property (items that can be owned but are not attached to land). Personal property that you use to produce income is subject to taxation in the state of Texas.

Why should I hire a firm to file my BPP renditions?2023-03-08T18:59:04+00:00

Hire a property tax consultant for the same reason you would hire an accountant or lawyer; to have a professional to take care of a specialized task for your business. Our team makes the process seamless and convenient for you and your team.

Do you also appeal BPP values once the rendition is filed?2023-03-08T18:59:20+00:00

Absolutely! We may file an appeal on BPP if the notified value does not coincide with the rendered value. We charge a separate fee for appeals based on a small percentage of the savings only if and when we are successful. We will contact you if an appeal is applicable to your BPP file.

What information is required to submit when filing renditions?2023-03-08T18:59:40+00:00

Typically, we need an asset listing and/or inventory held for sale.

When is the BPP filing deadline?2023-03-08T19:00:05+00:00

In Texas the BPP filing deadline is April 15th. If you have property in other states, contact us for a free consultation. This is a separate deadline from the appeal deadline.

When should I start my BPP rendition filing?2023-03-08T19:00:18+00:00

As soon as possible in the new year each year! We highly recommend starting in January to avoid late fees.

Are BPP filings required each year for businesses?2023-03-08T19:00:37+00:00

Yes, a failure to file timely will add a 10% penalty to your tax bill.

What if my business was sold or closed?2023-03-08T19:01:01+00:00

It is important to report this information to the appraisal district to avoid future tax bills. We can assist you with the official communication of this process with the appraisal district.

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