2006-12-21 07:55:36 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Other - Taxes
Property taxes are set at the county level. The county tax appraisal districts mail out notices in April-May each year. You have until the end of May (as I recall) to file a protest.
There are two processes to make the protest:
1. Call the appraiser and discuss your reasons for a lower valuation. If you and the appraiser agree to a lower value, he will send you a document stating the lowered appraisal. You're done.
2. Mail the protest request document that comes with your apraisal by the date due. You will be scheduled to meet with the Appraisal Review Board, comprised of citizens in the county like yourself. It's a 3-member panel who hear your statements and examine your evidence that comparable properties are valued lower. The appraiser may be asked to join the discussion to explain the basis for specific issues with the appraisal. You get a lower valuation or you don't. It may not be as low as you are requesting.
If you still believe that you have a case, you can file suit in district court. I have never done this, so consult an attorney to represent you if you have much to gain.
The problem is that dropping your valuation by even $10,000 does not save you very much money in property taxes. Using a $1.50 per $100 rate, that's only a savings of $150 in property taxes. If you litigate, that's going to be far less than the attorney's fees and court costs plus whatever time you have to commit to the process. The ARB knows this and may give you some relief but not everything that you ask for.
2006-12-21 08:12:12 · answer #1 · answered by Thomas K 6 · 0⤊ 0⤋
If you're talking about the taxable value of your home for assessment of property taxes, that's usually set by your city or township. They usually send you a notice any time your property is re-assessed or the taxable value of your house is changed for any reason, and that notice should tell you what your rights are in terms of protesting the assessed value. If you haven't received one lately, call your city tax assessor's office and find out if you can make an application to the board/council for a reduction in your home's taxable value.
2006-12-21 08:05:26 · answer #2 · answered by sarge927 7 · 0⤊ 0⤋
File the protest when you get the valuation notice. Complete instructions are included with the notice. It's WAY too late to protest for this year.
2006-12-21 09:40:43 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Custom stipulates it involve a colt 45, a bottle of bourbon and a little branch water.
2006-12-21 07:58:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I do not pay taxes in Texas.
2006-12-21 07:58:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋