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Joseph Weisenbloom
  • Investor
  • Austin, TX
171
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432
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Outrageous tax appraisals! Advice needed

Joseph Weisenbloom
  • Investor
  • Austin, TX
Posted

I just got my property tax notices and my jaw nearly hit the floor. I invest in Texas which is a non-disclosure state which means to the best of my knowledge the appraisal district is not discolsed the sale price. I noticed an interesting trend within my tax bills. For the properties I bought last year my taxes spiked 50% from the previous year. For the properties I have had for a few years there was no major spike in the taxes. 

Is it just me or do they look for the properties that just had a deed transfer recently and focus on those for tax hikes? I made zero improvements on any of these properties yet I am getting hit with a massive increase. I am obviously protesting these appraisals. Any advice?

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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
66,546
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

Criminals.. really  you pay no state income tax  how is the state suppose to run if you don't have a healthy property tax bill ?  :)

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JLH Capital Partners

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