Gill, Denson & Company was recently featured on KXAN, Austin’s local news channel. One of our partners, Richie Gill, discussed how property owners can help lower their property tax bill before the upcoming January 31st payment deadline. You don’t want to miss out on these valuable tips before making your next tax payment. Click [...]
Here’s what you need to know about the Texas property tax protest process: The Texas property tax protest process typically involves either informal negotiations with the appraisal district or formal hearings before the Appraisal Review Board (ARB). Informal settlements are direct negotiations with the appraisal district, potentially a reasonable resolution as the county field [...]
Here’s what you need to know about the best time to protest property taxes in Texas: Spring is when tax value notices are mailed, rendition filings are due, and the protest deadline occurs. Summer to fall is when protest hearings are typically held. Fall is when tax bills for the current year are mailed [...]
Here’s what you need to know about the potential reasons to protest property taxes in Texas: There are many reasons to protest property taxes, from overvaluations and unequal appraisals to data errors, market changes, and more. Your reason for protesting will depend on various factors, and knowing the optimal strategy for a successful reduction [...]
Here’s what you need to know about how an unequal appraisal affects your property taxes: An unequal appraisal occurs when your property is unfairly valued higher than similar properties in the area. Data errors, outdated information, and incorrectly chosen comparable properties are all factors that can contribute to an unequal appraisal. Look for common [...]
Here’s what you need to know about the Texas property tax protest deadline: The deadline is either May 15th or 30 days after you receive the Notice of Appraised Value, whichever is later. You may file after the Texas property tax protest deadline only under specific circumstances, which are rare. We highly recommend starting [...]
Here’s what you need to know about Texas property tax rates and how they’re determined: Local jurisdictions like cities, counties, and schools set tax rates (sometimes referred to as mill rates) to determine your property tax bill based on your property's appraised value. They use the estimated taxable value of all properties to set [...]
Here’s what you need to know about the condo property tax responsibility for common areas: The property taxes for condo owners and HOAs can be complex given the unique shared ownership structure of common areas. Condo owners might be paying for common area property taxes twice through HOA fees and their unit's property tax [...]
Here’s what you need to know about preventing, managing, and resolving a mortgage escrow shortage: When you make your monthly mortgage payment, part of your payment may include a contribution to an escrow account that pays for your property taxes and insurance expenses on your behalf. A mortgage escrow shortage happens when there isn’t [...]
Here’s what you need to know about why Texas property taxes are often so high: Texas' growing population and lack of income tax drive up property taxes as the need for more infrastructure grows. Property taxes fund local services such as public schools, infrastructure maintenance, and public safety initiatives. The budgets of these entities [...]
