Protect Your Investment: Protest Your Property Taxes Before the May 15th Deadline

by Realty Haus

At Realty Haus, we're committed to ensuring that our clients are well-equipped to manage their real estate investments wisely. An important opportunity is quickly approaching—the deadline to protest your property taxes is May 15th. Given the changes in real estate values, now is a crucial time to review if your property's assessed value aligns with its current market value.

Why Protest Your Property Taxes?

Challenging an assessment that seems too high can lead to significant financial savings. Although you can undertake this process yourself, many property owners experience more favorable outcomes when they seek professional help. For those considering this route, we recommend contacting reputable firms that have proven successful in aiding our clients in reducing their property taxes:

Tips for a Successful Property Tax Protest:

  • Direct Filing: To increase the likelihood of a favorable review, avoid e-filing your protest and file directly.

  • Documentation: Be sure to refer to code 41.43(a) and have all necessary documentation ready.

  • Filing Strategy: Mark the correct boxes on your protest form, request an evidence packet, and try to file as close to the deadline as possible to ensure thorough consideration.

Don't Forget About the Homestead Exemption

If you haven’t yet applied for a homestead exemption, doing so could reduce your tax burden for up to two years retroactively. This is an excellent way to save on your taxes moving forward.

We at Realty Haus are here to assist and recommend strategies to ensure you are not overpaying your property taxes. Please don’t hesitate to reach out for guidance. We're more than ready to help you navigate this process successfully.