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    Why O'Connor For Property Tax Reduction?

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    O'Connor Associate
    O’Connor & Associates is the largest property tax consulting firm in the U.S. You need not pay unless we save you money. Know more www.poconnor.com

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    Why O'Connor For Property Tax Reduction?

    Uploaded by

    O'Connor Associate
    89 views7 pages
    O’Connor & Associates is the largest property tax consulting firm in the U.S. You need not pay unless we save you money. Know more www.poconnor.com

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    Why O’Connor for property tax reduction?

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    O’Connor & Associates is the largest property tax consulting firm in the U.S. You need not pay unless we save you money. Know more www.poconnor.com

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    89 views7 pages

    Why O'Connor For Property Tax Reduction?

    Uploaded by

    O'Connor Associate
    O’Connor & Associates is the largest property tax consulting firm in the U.S. You need not pay unless we save you money. Know more www.poconnor.com

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 7

    Property

    Tax
    Reduction

    www.poconnor.com
    What Are
    Property Taxes?
    Property taxes are a fee the local government
    charges owners of real estate. Unlike a
    mortgage, property taxes are never paid fully.
    The government wants more of your money
    every year, year after year. The more real
    estate you own, the more property taxes you
    pay. The higher the value of your home, the
    more property taxes you pay.
    Calculating Property
    Taxes
    Property taxes = Market Value of real estate
    x Assessment ratio x Tax rate.

    The above simplifies the tax rate calculation by not


    including exemptions. Many states have an exemption for
    homesteads ( primary residence owned and occupied).

    A more precise summary of property tax calculations is:

    Property taxes = ((Market value of real estate


    x Assessment rate) – Exemption)
    x Tax rate
    How Much Is Too
    Much?
    Paying property taxes above the minimum
    required by law is too much. You can spend your
    money better than the government, right. You
    have two primary tools to reduce property taxes:

    Homestead exemptions for your house,

    and Property tax appeals.


    Homestead exemptions
    Property tax exemptions are one of the most meaningful and simple
    ways to reduce property taxes. The Texas legislature has provided
    numerous property tax exemptions for Texas taxpayers. Texas
    property taxes can be reduced by legitimate use of exemptions.

    How to Appeal Your Property


    Taxes?
    Texas property tax appeals can be filed using the form
    provided
    bywww.poconnor.com/universal-form-file-tax-protest
    the appraisal district, click here to download the form.
    Why O’Connor for
    Property Tax Reduction?
    Contingent Fee - You don’t pay unless we save you money

    Automatic - We protest your taxes year after year.

    Greater Protection - 3 phases of the appeals process:


    Informal hearing,
    Formal hearing before the Appraisal
    Review Board & Litigation and
    Binding Arbitration.

    Binding Arbitration - To achieve equitable results for


    owners of
    homes and small commercial
    properties

    More Effective - To achieve reductions beyond the


    Reach us for more
    information

    www.poconnor.com

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