GoFuckYourself.com - Adult Webmaster Forum - View Single Post

Redrob · 06-15-2010, 07:10 AM

Today's word is "property taxes." In order to reduce your tax bill and keep your money, you need to show that the value of your property is overvalued by the local appraisal board.

Some things that can lower the appraised value of your property are needed repairs, easements, your neighbor's values, the amount of income the property generates and the sale prices of recently sold similar properties in your area.

By studing these items, if you can show that your property is overvalued, you can appeal the value and possibly have your property revalued to a lower amount; and, thereby, lower you tax bill.

As webmasters, how do property taxes affect your operations? In Texas, we have to pay taxes on our personal property including computers, desks, books, and the like in addition to our real estate.

PS. If you find your real estate may be undervalued, you are not obligated to correct the appraised amount. However, if the personal property is undervalued, you are obligated to correct the amount or face potential penalties.

06-15-2010, 07:10 AM
Redrob Confirmed User Industry Role: Join Date: Oct 2004 Location: In a refrigerator box by the tracks. Posts: 4,790	Today's word is "Property Taxes" Today's word is "property taxes." In order to reduce your tax bill and keep your money, you need to show that the value of your property is overvalued by the local appraisal board. Some things that can lower the appraised value of your property are needed repairs, easements, your neighbor's values, the amount of income the property generates and the sale prices of recently sold similar properties in your area. By studing these items, if you can show that your property is overvalued, you can appeal the value and possibly have your property revalued to a lower amount; and, thereby, lower you tax bill. As webmasters, how do property taxes affect your operations? In Texas, we have to pay taxes on our personal property including computers, desks, books, and the like in addition to our real estate. PS. If you find your real estate may be undervalued, you are not obligated to correct the appraised amount. However, if the personal property is undervalued, you are obligated to correct the amount or face potential penalties.