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Friday, 16 November 2018

4 Steps To A Successful Texas Property Tax Protest

By Larry Snyder


Sometimes people may feel that they are paying too much duty to the government. This is maybe after the rates go up after a certain period. When consumers feel that they are being oppressed, they can decide to present formal protestation and present their pleas. The government can then listen to the requests and after considerations, the duties that consumers pay can be reduced. In case you also feel that the custom or tariffs are too much, below is a step-wise guide to Texas property tax protest.

To begin with, you should file an objection using forms that are usually provided by the office of the district appraiser. These forms can also be downloaded from the customs section. Hence, you can decide to obtain the forms from the web or the office of the appraiser. Then, you should send a notification to the main appraisal district stating that you intend to object for your building tariffs.

You will then receive a brief notification from the appraisal office informing you that your building value will be assessed. The deadline is usually thirty days after filing the protestation. If you would like to have these protestations every year, you should ensure that you do it. This will make an impact even if it is small. Therefore, do not shy from filing the objections annually.

The second thing that you are supposed to do is looking for the record card of the central appraisal district. Every appraisal district in all counties has a record card for all the structures they have assessed. The record card usually contains information like the size of the building, amenities, lot size, etc. If you need the record card, you have to go to the district office to obtain it, but you will pay a nominal fee.

If you do not want to obtain this card from the office of the appraiser because of the nominal fee, you can download them from their official web page. Feel free to ask the staff members any questions regarding the card. Sometimes these cards have errors due to miscalculations. If you wish, these errors can be your basis for filing the objections because of the inaccuracies of the district appraiser.

Thirdly, you should establish your building value using three main approaches that Texas uses typically. Thus, appraisal districts determine the market value of your building so that they can grant you the deductions in duty using the three approaches. These include the cost approach, sales comparison, and the income approach.

Fourthly, you are supposed to follow all the legal procedures if you want your case to be heard. Hence you are supposed to file the protestation and wait for a notification to attend an informal hearing about the objection. The meeting is usually conducted by a staff member and lasts for fifteen minutes.

After that, the appraiser will inform you whether the duty will be adjusted or not. After that, there is an appraisal review board hearing that you as the property owner and your agent will attend. The results of informal hearings are usually final for the tax year, and one cannot appeal.




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