Forums46
Topics538,313
Posts9,735,695
Members87,082
|
Most Online25,604 Feb 12th, 2024
|
|
|
Got my Property Tax Bill
#8595606
05/11/22 05:07 PM
|
Joined: Mar 2011
Posts: 226
oldstyle244
OP
Woodsman
|
OP
Woodsman
Joined: Mar 2011
Posts: 226 |
This is ridiculous, I thought we have a cap in the state of Texas and yet they are proposing raising my land's value by 65%; I called and they said you have the right to protest. I get that, but what about the people who don't pay attention or don't know they can. This seems like a sneaky way to screw people.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595638
05/11/22 06:07 PM
|
Joined: Feb 2008
Posts: 14,149
glens
THF Celebrity
|
THF Celebrity
Joined: Feb 2008
Posts: 14,149 |
Wheelie Boy Abbott said a few years back He was putting in, with help from Texas Legislator's, a 4% rise cap a year in property tax rates. It was a Lie. Also Local Apprasial Boards can go up whatever they choose. Mine went up $60,000 in Improvements. Haven't done a darn thing on place to improve. Pay mine once a year at tax time but if you figured payments monthly , Over $450 bucks a month (property tax) to rent this place from LLano County.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595640
05/11/22 06:10 PM
|
Joined: Aug 2020
Posts: 913
BigfootWallace
Tracker
|
Tracker
Joined: Aug 2020
Posts: 913 |
More people will be looking into Ag Exemption after all of this. Some can't live without a Starbucks and a brand new strip mall in every direction though.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595646
05/11/22 06:16 PM
|
Joined: Nov 2005
Posts: 10,641
Greg
THF Celebrity
|
THF Celebrity
Joined: Nov 2005
Posts: 10,641 |
Mine went up exactly 10%. I also thought that was the limit
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595651
05/11/22 06:22 PM
|
Joined: Sep 2004
Posts: 12,428
RedRanger
THF Celebrity
|
THF Celebrity
Joined: Sep 2004
Posts: 12,428 |
This is ridiculous, I thought we have a cap in the state of Texas and yet they are proposing raising my land's value by 65%; I called and they said you have the right to protest. I get that, but what about the people who don't pay attention or don't know they can. This seems like a sneaky way to screw people. Don't worry you will have next year, and the next year, and the next year, and the next year to protest. It's a never ending cycle, they will eventually beat you
|
|
|
Re: Got my Property Tax Bill
[Re: glens]
#8595656
05/11/22 06:32 PM
|
Joined: Jul 2019
Posts: 14,268
Hudbone
THF Celebrity
|
THF Celebrity
Joined: Jul 2019
Posts: 14,268 |
Wheelie Boy Abbott said a few years back He was putting in, with help from Texas Legislator's, a 4% rise cap a year in property tax rates. It was a Lie. Also Local Apprasial Boards can go up whatever they choose. Mine went up $60,000 in Improvements. Haven't done a darn thing on place to improve. Pay mine once a year at tax time but if you figured payments monthly , Over $450 bucks a month (property tax) to rent this place from LLano County. Maybe you should consider downsizing.
|
|
|
Re: Got my Property Tax Bill
[Re: Hudbone]
#8595658
05/11/22 06:34 PM
|
Joined: Feb 2008
Posts: 14,149
glens
THF Celebrity
|
THF Celebrity
Joined: Feb 2008
Posts: 14,149 |
Wheelie Boy Abbott said a few years back He was putting in, with help from Texas Legislator's, a 4% rise cap a year in property tax rates. It was a Lie. Also Local Apprasial Boards can go up whatever they choose. Mine went up $60,000 in Improvements. Haven't done a darn thing on place to improve. Pay mine once a year at tax time but if you figured payments monthly , Over $450 bucks a month (property tax) to rent this place from LLano County. Maybe you should consider downsizing. Bad as colt45. Downsizing, i've got a 50 foot trailer and weed covered lot.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595659
05/11/22 06:36 PM
|
Joined: Mar 2019
Posts: 19,158
TCM3
THF Celebrity
|
THF Celebrity
Joined: Mar 2019
Posts: 19,158 |
Do not forget to entertain strangers, For by so doing some have unwittingly entertained angels Hebrews 13:2 (R-TX)
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595660
05/11/22 06:36 PM
|
Joined: Feb 2008
Posts: 12,221
Grizz
THF Celebrity
|
THF Celebrity
Joined: Feb 2008
Posts: 12,221 |
This is ridiculous, I thought we have a cap in the state of Texas and yet they are proposing raising my land's value by 65%; I called and they said you have the right to protest. I get that, but what about the people who don't pay attention or don't know they can. This seems like a sneaky way to screw people. My understanding of the homestead exemption is that they can raise your appraisal as much as they want, but they can only raise your tax bill by 10% in a year. Mine is going up right at 48% this year but my taxes are only increasing by 10%. The rest shows as homestead cap loss. I'll be protesting it.
|
|
|
Re: Got my Property Tax Bill
[Re: glens]
#8595668
05/11/22 06:42 PM
|
Joined: Jul 2019
Posts: 14,268
Hudbone
THF Celebrity
|
THF Celebrity
Joined: Jul 2019
Posts: 14,268 |
Wheelie Boy Abbott said a few years back He was putting in, with help from Texas Legislator's, a 4% rise cap a year in property tax rates. It was a Lie. Also Local Apprasial Boards can go up whatever they choose. Mine went up $60,000 in Improvements. Haven't done a darn thing on place to improve. Pay mine once a year at tax time but if you figured payments monthly , Over $450 bucks a month (property tax) to rent this place from LLano County. Maybe you should consider downsizing. I am just like colt45. Downsizing, i've got a 50 foot trailer and weed covered lot. FIFY
|
|
|
Re: Got my Property Tax Bill
[Re: Hudbone]
#8595678
05/11/22 06:53 PM
|
Joined: Feb 2008
Posts: 14,149
glens
THF Celebrity
|
THF Celebrity
Joined: Feb 2008
Posts: 14,149 |
Wheelie Boy Abbott said a few years back He was putting in, with help from Texas Legislator's, a 4% rise cap a year in property tax rates. It was a Lie. Also Local Apprasial Boards can go up whatever they choose. Mine went up $60,000 in Improvements. Haven't done a darn thing on place to improve. Pay mine once a year at tax time but if you figured payments monthly , Over $450 bucks a month (property tax) to rent this place from LLano County. Maybe you should consider downsizing. I am just like colt45. Downsizing, i've got a 50 foot trailer and weed covered lot. FIFY Thanks and Ole Colt does have more sense than an Insurance sales Monkey.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595684
05/11/22 07:05 PM
|
Joined: Oct 2016
Posts: 3,122
HandyMan91
Veteran Tracker
|
Veteran Tracker
Joined: Oct 2016
Posts: 3,122 |
I protested last year, got to take off work to go to a meeting where a panel of 5-6 people told me to pound sand. The only thing they care about is comps. They raised my value per acre from 8k to 15k for just the land. It's a racket.
The only thing flat earthers have to fear is sphere itself
|
|
|
Re: Got my Property Tax Bill
[Re: Grizz]
#8595686
05/11/22 07:07 PM
|
Joined: Sep 2007
Posts: 4,294
oldoak2000
Extreme Tracker
|
Extreme Tracker
Joined: Sep 2007
Posts: 4,294 |
My understanding of the homestead exemption is that they can raise your appraisal as much as they want, but they can only raise your tax bill by 10% in a year. Mine is going up right at 48% this year but my taxes are only increasing by 10%. The rest shows as homestead cap loss. I'll be protesting it.
that's correct - and a '10% "limit" ' [per year] is a joke, because they will just keep raising it 10% per year, year after year, till they get to that 48% increase. Hell, in 10 years time they can DOUBLE the taxes on any property!
|
|
|
Re: Got my Property Tax Bill
[Re: BigfootWallace]
#8595697
05/11/22 07:34 PM
|
Joined: Mar 2011
Posts: 226
oldstyle244
OP
Woodsman
|
OP
Woodsman
Joined: Mar 2011
Posts: 226 |
I have ag exempt on all but 1 acre, but I still think it is crazy that they can (in good conscience) raise the land value by that much
|
|
|
Re: Got my Property Tax Bill
[Re: BigfootWallace]
#8595779
05/11/22 09:29 PM
|
Joined: Aug 2009
Posts: 22,716
BigPig
THF Celebrity
|
THF Celebrity
Joined: Aug 2009
Posts: 22,716 |
More people will be looking into Ag Exemption after all of this. Some can't live without a Starbucks and a brand new strip mall in every direction though. Ag exempt excludes your house and 1 acre around it, the rest is exempt. So, it doesn’t really help that much unless you need that and for farming/ranching. My house on 1 acre is just a tick under $10,000 a year for taxes. Even if I was on an ag exempt 10 acres, then it’s really only 9 acres ag exempt and 1 acre with house at full value.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595839
05/11/22 10:45 PM
|
Joined: Aug 2012
Posts: 15,579
TexFlip
THF Celebrity
|
THF Celebrity
Joined: Aug 2012
Posts: 15,579 |
Funny thing. My Ag property went up 30% on market value but down 10% on taxed value.
Just to make sure that it is done thoroughly, I go both ways.
|
|
|
Re: Got my Property Tax Bill
[Re: BigPig]
#8595843
05/11/22 10:49 PM
|
Joined: Aug 2012
Posts: 15,579
TexFlip
THF Celebrity
|
THF Celebrity
Joined: Aug 2012
Posts: 15,579 |
More people will be looking into Ag Exemption after all of this. Some can't live without a Starbucks and a brand new strip mall in every direction though. Ag exempt excludes your house and 1 acre around it, the rest is exempt. So, it doesn’t really help that much unless you need that and for farming/ranching. My house on 1 acre is just a tick under $10,000 a year for taxes. Even if I was on an ag exempt 10 acres, then it’s really only 9 acres ag exempt and 1 acre with house at full value. My two Ag exempt properties save me about $14k a year in taxes. I'll gladly pay $190 a year vs $14k, that's still a chunk to me.
Just to make sure that it is done thoroughly, I go both ways.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8595866
05/11/22 11:25 PM
|
Joined: Jun 2006
Posts: 8,357
Dave Davidson
THF Trophy Hunter
|
THF Trophy Hunter
Joined: Jun 2006
Posts: 8,357 |
On my rural 133 acres I have a wildlife exemption. Lots easier than Ag. Increase this year wasn’t all that bad for my recreational property.
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
|
|
|
Re: Got my Property Tax Bill
[Re: TexFlip]
#8596085
05/12/22 07:56 AM
|
Joined: Aug 2009
Posts: 22,716
BigPig
THF Celebrity
|
THF Celebrity
Joined: Aug 2009
Posts: 22,716 |
More people will be looking into Ag Exemption after all of this. Some can't live without a Starbucks and a brand new strip mall in every direction though. Ag exempt excludes your house and 1 acre around it, the rest is exempt. So, it doesn’t really help that much unless you need that and for farming/ranching. My house on 1 acre is just a tick under $10,000 a year for taxes. Even if I was on an ag exempt 10 acres, then it’s really only 9 acres ag exempt and 1 acre with house at full value. My two Ag exempt properties save me about $14k a year in taxes. I'll gladly pay $190 a year vs $14k, that's still a chunk to me. Obviously it still saves you money. What I was talking about was that BFW was inferring that more people will be looking to buy 10+ acres to save on the taxes. Maybe I read it wrong.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8596118
05/12/22 11:08 AM
|
Joined: Jul 2013
Posts: 6,063
tlk
THF Trophy Hunter
|
THF Trophy Hunter
Joined: Jul 2013
Posts: 6,063 |
IMO if you are going to protest use a company -going in on your own usually is useless unless you can provide comps from other properties near you and even that fails most of the time
I will add this - when people's property values are increased by the taxing entity they scream - when they go to sell that property and get their appraisal they love it
You can't fix stupid
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8596127
05/12/22 11:27 AM
|
Joined: Dec 2017
Posts: 2,823
RattlesnakeDan
Veteran Tracker
|
Veteran Tracker
Joined: Dec 2017
Posts: 2,823 |
"I will add this - when people's property values are increased by the taxing entity they scream - when they go to sell that property and get their appraisal they love it" They raised my property value this year almost 200k. So if they do that to everyone then what is the point in selling, where are you going to go? Find a deal somewhere on a fixer upper maybe but once you do the repairs they whack you on that property. A higher value does not really benefit you anything unless you are going to leave the planet. lol
Just like Jesus, sometimes you gotta kill some hogs. Lone Star Mesquite . com RattleSnake Dan's Shredding Service
|
|
|
Re: Got my Property Tax Bill
[Re: BigPig]
#8596146
05/12/22 11:53 AM
|
Joined: Aug 2020
Posts: 913
BigfootWallace
Tracker
|
Tracker
Joined: Aug 2020
Posts: 913 |
More people will be looking into Ag Exemption after all of this. Some can't live without a Starbucks and a brand new strip mall in every direction though. Ag exempt excludes your house and 1 acre around it, the rest is exempt. So, it doesn’t really help that much unless you need that and for farming/ranching. My house on 1 acre is just a tick under $10,000 a year for taxes. Even if I was on an ag exempt 10 acres, then it’s really only 9 acres ag exempt and 1 acre with house at full value. My two Ag exempt properties save me about $14k a year in taxes. I'll gladly pay $190 a year vs $14k, that's still a chunk to me. Obviously it still saves you money. What I was talking about was that BFW was inferring that more people will be looking to buy 10+ acres to save on the taxes. Maybe I read it wrong. More people will be looking into Ag Exemption all the way around. It's not impossible to make a place pay its own taxes. My West neighbor leases the front of his place out to a guy down the road for his cows. Pays his taxes. East neighbor is from Cali, he built an arena and does roping events during the summer. Pays his taxes and then some. We have the front of our place in coastal and cut enough to pay the taxes. Plus the added benefit of not having to pay $3k every year to hunt someone else's land and then pay $5 per gallon to drive back and forth to it.
|
|
|
Re: Got my Property Tax Bill
[Re: oldstyle244]
#8596151
05/12/22 11:55 AM
|
Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
|
THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I always hired mine done.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
|
|
|
Re: Got my Property Tax Bill
[Re: tlk]
#8596175
05/12/22 12:15 PM
|
Joined: Mar 2011
Posts: 226
oldstyle244
OP
Woodsman
|
OP
Woodsman
Joined: Mar 2011
Posts: 226 |
I will add this - when people's property values are increased by the taxing entity they scream - when they go to sell that property and get their appraisal they love it
But there is a big difference there. The perceived value of your home is irrelevant until you decide to sell it. Just because the taxing authority says my house is worth more and wants more taxes because of it, doesn't mean I have any more income to pay the increased taxes. This is why old people or folks on a fixed income lose their homes to greedy tax collectors
|
|
|
Moderated by bigbob_ftw, CCBIRDDOGMAN, Chickenman, Derek, DeRico, Duck_Hunter, hetman, jeh7mmmag, JustWingem, kmon11, kry226, kwrhuntinglab, Payne, pertnear, rifleman, sig226fan (Rguns.com), Superduty, TreeBass, txcornhusker
|