Patrick O Connor Free Articles
Wow - Which are the Most Over-Assessed Houses in Zip Code 77571?
Appraisal districts use a process called mass appraisal to value hundreds of thousands of houses. In Harris County, they value about 1.2 million houses each year, using a very limited staff.
Read MoreHow does HCAD Over-Assess 25 Houses in Zip Code 77389?
Appraisal districts use a process called mass appraisal to value hundreds of thousands of houses. In Harris County, they value about 1.2 million houses each year, using a very limited staff.
Read MoreTaxing Error - Can you believe there are 35 Houses in Zip Code 77018?
Appraisal districts use a process called mass appraisal to value hundreds of thousands of houses. In Harris County, they value about 1.2 million houses each year, using a very limited staff
Read MoreMass Appraisal Means Massive Errors - Which are the Most Over-Taxed Houses in Zip Code 77562
Appraisal districts use a process called mass appraisal to value hundreds of thousands of houses. In Harris County, they value about 1.2 million houses each year, using a very limited staff.
Read MoreHistory of Cost Segregation
Cost segregation evolved as the result of multiple court cases and IRS rulings.
Read MoreCommercial Real Estate Appraisal sales comparison approach
The sales comparison approach is the most intuitive and best understood of the three approaches to value. Home buyers, companies renting office space and real estate investors all utilize this approach. Comparable sales are often referred to as comps and rental comparables are often referred to as rent comps.
Read MoreCost Segregation Analysis - Tax Reductions and the IRS Position on Cost Segregation
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 concerned it is a tax shelter or tax scheme. This simply is not true. Cost Segregation provides a legitimate tax reduction.
Read MoreCommercial Appraisal Texas - Real Estate Feasibility Studies
Feasibility studies are a combination of a market study and financial analysis used to determine if it is financially feasible to develop a proposed property. They are also performed to evaluate the feasibility of renovating or upgrading an existing property.
Read MoreCost Segregation Texas - Business Tax Deductions
Tax Rule No.1: Don’t cheat the IRS. But that doesn’t mean you should cheat yourself. Take every legal tax deduction you can. In addition to the numerous tax deductions the Internal Revenue Service allows, research indicates that most U.S. taxpayers do not claim all deductions to which they are entitled.
Read MoreCommercial Appraisal Texas - Commercial Real Estate Appraisal Cost Approach
Historically, most commercial real estate appraisals included the cost approach. For the cost approach to be employed the principle of substitution proves to be the technical basis.
Read MoreCost Segregation - Tax Deductions (Business Taxes)
Business taxes is totaled from the total revenue by reducing it with as many tax deductions as possible and to pay taxes on the remaining amount.
Read MoreApartment Search Tips - Selecting a Location for Your Apartment
Searching an apartment is similar to dumping thousands of apartment complexes into a funnel and searching for one from the lot.
Read MoreLeasing Office Space – Part 13 of 23 Due Diligence
Online resources are really helpful in providing information regarding criminal activity near the office space under consideration. But the most current and contextual information can be obtained from the local tenants and police officers.
Read MoreTax Deduction Texas - Property Tax Myth
Protesting property taxes is in fact a profitable activity for home owners that may give average tax savings of up to $450. Most home owners do not appeal due to the uncertainty about the how the appeal process works.
Read MoreLeasing Office Space – Part 7 of 23 (Budgeting and Layout)
The article provides insight into into the budgeting and layout considerations to be addressed before deciding upon office space leasing.
Read More