Texas Property Tax Blood Bath

[Sam White]

Blood bath is dramatic, but hoping to get some conversation going on this. lol.

Homeowners across the state of Texas are getting jaw-dropping tax notices in the mail this month.  Huge reassessments of value on their property which in many cases are making it unaffordable.

So yes, on one side of the ticket, get your cash ready because I believe many people will decide to sell.

But in the interest of homeowners and landlords alike, I believe Texas needs property tax reform.

I am not the lobbying type.  I am much more interested in putting my nose in the grind and making more money than complain about things.

However as a young landlord, I see this being an issue that needs to be addressed for the health of our real estate market.

Property taxes in Texas are antiquated both in concept and as a funding source.  I live in Dallas County and there is much talk about politically mobilizing on this issue.  Whether it be a rate adjustment or total reform as a goal.

So I wanted to get some feedback from BiggerPockets members on ideas, and organization on this.

Even if it is just compiling an email list to get signatures to send to politicians.

The ones who spend our tax dollars voice their opinion regularly.  It is important they hear ours.

Sam White 

[Russell Brazil]

High property taxes come with having no state income tax. At least with a property taxes you can essentially choose how much you are paying the state. Want to pay less taxes, own a cheaper house. With an income tax you have no such power.