While many are concerned about the downfalls of the country's economic slowdown, there is a silver lining. Congress has approved, as part of its national stimulus package, 'Bonus depreciation' for 2008. The benefits include the ability to take additional depreciation on qualifying property in 2008. The caveat is the very...
The multifamily market in Austin made some strides during 2007, despite a lack luster fourth quarter, where there was negative absorption and a slight decline in occupancy. Annual absorption totaled 1,275 units, with the Class A and B markets both posting strong yearly figures of 1,558 and 577 units, respectively....
After a 2006 in which post-Katrina re-alignment created annual absorption totaling only 384 units, strong absorption figures in 2007 were an indicator of the strength gained in the multi-family market throughout Dallas/Fort Worth. Despite the strong absorption for the year, overall Dallas/Fort Worth occupancy stayed relatively stable with 0.18% increase...
After a bleak 2006 where annual absorption totaled -9,632 units, positive absorption figures in 2007 were a welcome relief. The market absorbed a strong 7,516 units over the year, with all but one class posting positive figures. The Class A market fared the best over the year, staying positive and...
Dallas Central Appraisal District assesses property and that value sets your property tax amount. Reducing your property taxes is relatively simple but requires a modest commitment of time. Your other option is to hire a property tax consultant. Basic steps to reducing the property tax assessment set by Dallas Central...
Expert witness analysis and testimony provides both the parties information to settle prior to the actual judicial proceeding. When settlement negotiations are not successful, expert witness testimony provides the trier of fact judge or jury information to consider in making their decision. Expert witness testimony is a subset of litigation...
Dallas private bond activity apartment complexes are approved subject to complying with a series of inflexible rules and are contingent on tax credits being available. Identifying sites for which private bond activity apartment complexes are financially feasible is difficult. Private bond activity complexes are subject to approval by both the...
Appraisal districts are assigned the task of locating and accurately valuing all taxable property within the county. Personal property not used for the production of income is not taxable. However, real property, business personal property and mineral interests are taxable unless they are subject to an exemption. For example, real...
Dallas residential appraisals often required in construction defect cases and other types of litigation. Attorneys and litigants need assurance appraisals will be delivered on time and correct. Home appraisals are time sensitive and critical resolving complex litigation. Many home appraisals are required for estate planning, intra family sales, estate taxes,...
Dallas taxes are the bane of civilized existence. There is universal agreement taxes are necessary to fund government but the amount and source are acrimoniously debated. 'Taxes are a levy imposed upon people or legal entities by a governmental entity. Taxes or some other form of tribute have been extracted...
Judicial appeals against Dallas Central Appraisal District are more expensive but offer more options. You can appeal market value and unequal appraisal for property with any value. Judicial appeals can be used for real estate, mineral interests and business personal property. They can also be used to appeal Dallas Central...
Houston real estate investors frequently pay excessive federal income taxes. They use a simplistic method to calculate depreciation. However, depreciation is a critical element in reducing income taxes. Houston real estate investors can accurately calculate and increase real estate depreciation with cost segregation. Tax reduction and tax deferral are both...
Experience shows that when property owners appeal, prepare for the Dallas Central Appraisal District hearings and attend the hearings, they will usually be successful. Property tax consultants are willing to handle the property tax protest process at Dallas Central Appraisal District for a portion of the property tax savings. While...
Many Dallas real estate investors seek "Value added" or renovation opportunities. This paper reviews the process of due diligence and analysis for a "Value-added" real estate investment. Dallas Renovating and upgrading acquisitions is a fabled source of achieving wealth through real estate. Many investors focus on value-added opportunities for properties...
Dallas retail real estate investors face many risks. The perpetual state of change for the retail industry generates uncertainty for retail real estate investors. Risks include functional obsolescence, cash flow, liquidity, credit risks and market risks. For example, retail real estate investors have seen many changes. Even within the last...
Dallas real estate investors frequently pay excessive federal income taxes. They use a simplistic method to calculate depreciation. However, depreciation is a critical element in reducing income taxes. Dallas real estate investors can accurately calculate and increase real estate depreciation with cost segregation. Tax reduction and tax deferral are both...
Houston 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. A market study reviews existing and prospective market conditions regarding factors such as rental rates, occupancy rates and absorption. The analysis utilized to determine...
Texas appraisal districts have become much more aggressive and are regularly increasing property taxes. The best option for taxpayers to reduce their property tax burden is to appeal their property tax assessment each and every year. This applies even when the assessed value does not change or it decreases. This...
Harris County Appraisal District's i-Settle program is worth considering. However, for most property owners it is a poor choice. Most property owners appealing on market value at Harris County Appraisal District will achieve their best result during the informal hearing in a settlement negotiation. Taxpayers forfeit their right to an...
Houston condemnation appraisals differ in many ways from typical Harris County market value assignments. Condemnation appraisals are typically required when a condemning authority seeks to acquire real estate. The condemning authority is typically a governmental or quasi-governmental entity. While condemning authorities have an absolute right to take property, they are...