12th November 2009
Property taxes are a substantial expense for Texas homeowners, averaging about $3,600 annually. To reduce this expense, property owners should annually review and consider appealing property taxes. While there is no guarantee that an appeal will be succes...
02nd November 2009
Thousands of homeowners take advantage of the Over 65 exemption allowed by the Texas Property Tax Code. After years of working and paying taxes, it's about time you get a break, right? But what about when you finally retire to that house on the lake, or s...
22nd October 2009
"Few of us ever test our powers of deduction, except when filling out an income tax form” - Laurence J. Peter, U.S. Educator
By understanding business tax deductions, business owners may enjoy personal benefits from business expenditures – enterta...
14th October 2009
The countdown to May 31 - the last day Texas homeowners can submit an appeal to protest their property taxes - is growing closer by the minute. Each year, Texas homeowners pay a collective total in the millions on their property taxes. Yet, there is a 70%...
02nd October 2009
The Texas Property Tax Code for many years had required owners of business personal property (BPP) to annually render those assets used in a business. Rendering is summarizing to the central appraisal district the ownership and value of the assets. Histor...
23rd September 2009
Financial Modeling is essential for making decisions to acquire, keep or sell investment real estate. The central aim is to provide a framework evaluating options and risks. Financial modeling is also utilized for decisions regarding material capital expe...
14th September 2009
Business purchase price allocation is necessary following the purchase or sale of a business. The purchaser needs to allocate the total purchase price to establish their books for the purpose of calculating amortization and depreciation. The seller needs ...
21st August 2009
Tax reductions and tax deductions are a common benefit of cost segregation. When real estate investors and tax practitioners learn about the income tax deductions and tax reductions resulting from cost segregation they are sometimes skeptical; they are co...
