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Tony Castronovo
  • Rental Property Investor
  • Katy, TX
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677
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Property Tax Assessments Coming In

Tony Castronovo
  • Rental Property Investor
  • Katy, TX
Posted Mar 30 2017, 17:28

It's that time of year!  I am receiving all my property tax assessments and they are going up a lot!  I am getting a double whammy as most of my properties were purchased last year and I am now losing the existing homestead exemptions.  Maybe I should remove the exemption when plugging the taxes in my property analysis worksheet.  Ugh.

Anyway...curious if any of you protest your taxes.  Do I stand a chance?  I've been in front of the appraisal board before and it's tough to come out without licking some wounds.  Would appraisals or refi's be a factor?  Or could I show how I set the market value by my original purchase (which would be much lower than current market value)?  Do you hire anyone to help you protest or DIY?

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