Here’s what you need to know about winning a commercial property tax protest in Texas: The rent roll and the P&L are the two most important financials needed for a successful and significant protest. The rent roll provides an accurate, fixed picture of income on January 1st, while the P&L provides actual operating income [...]
Here’s what you need to know about your homestead exemption status: If your homestead exemption is inactive, your property tax bill could increase by hundreds or even thousands each year. Your status could be inactive due to paperwork issues, purchase of a new property, deed or title changes, or a loss of eligibility. We [...]
Here’s what you need to know about the Texas homestead cap: The 10% Texas homestead cap limits annual increases in the taxable value of a primary residence, protecting homeowners from sharp property tax hikes. While you may apply for homestead exemptions soon after purchasing a home, the 10% cap only starts 365 days after [...]
Here’s what you need to know about protesting your property taxes when your value decreased or remained the same as the prior year: County appraisal districts typically use mass appraisal methods, which can lead to incorrect property valuations and higher property tax bills. Even if the CAD says your property value did not change [...]
Here’s what you need to know about the Texas BPP rendition filing: Texas business owners must file a BPP rendition annually by April 15, even if their taxable value is under the new $125,000 exemption threshold. Gather supporting documents, use the correct rendition form (or statement), and submit everything to your local CAD by [...]
Here’s what you need to know about the homestead exemption audit letter: Texas law requires homestead exemptions to be audited every five years; you may receive an audit letter at any time. The letter asks for proof that you still qualify for the exemption, such as your driver’s license or other form of valid [...]
Here’s what you need to know about the end-of-year checklist for your property taxes: While the 2026 property tax protest deadline isn’t until May 15, the best time to start preparing is now. First, verify all your contact information on file with the County Appraisal District (CAD) is correct and set up alerts for [...]
Here’s what you need to know about the results of November’s general election and how it impacts Texas homeowners: The November 4, 2025, Texas general election passed several propositions that now affect homeowners’ property tax bills. Prop 5 exempts animal feed from personal property taxes when it is held for retail purposes. Prop 7 [...]
At Gill, Denson & Company, we’ve always believed in doing what’s right for our community. The recent floods across Central Texas have caused heartbreaking damage to homes, businesses, and properties—and we know many of our neighbors are facing enormous challenges. As part of our commitment to stand with those affected, we’re offering free disaster exemption [...]
Here’s what you need to know about recently proposed changes in property tax laws from the 89th Texas Legislative Session: SB 4 proposes an increase in the residence homestead exemption from $100,000 to $140,000. SB 23 proposes a $50,000 increase in the additional exemption for homeowners aged 65 or older or disabled, bringing it [...]
