It’s that time of year again. Yes, tax time. If you’re like me, you received a notice from your appraisal district notifying you of the proposed value of your property for the current tax year. However, what many of you do not know is what to do if you are dissatisfied with the appraised value of your home, or if errors exist in the appraisal records regarding your property. In this post, I’ll quickly guide you through the processes of how appraisal districts value your property and how to go about protesting your property’s appraised value should you need to. (more…)
They say that the only two things that are certain in life are death and taxes…
…but thanks to homestead exemptions, that isn’t necessarily true.
In Texas, homestead exemptions help homeowners protect the value of their homes from exorbitant property taxes, aggressive creditors, and issues related to the death of the homeowner’s spouse. Applying for a homestead exemption can lower the taxable value of your house (thereby reducing your tax liability) and provide a firmer basis for homestead protection.
In order to claim your residence homestead exemption for 2013, you must submit your application between January 1 and April 30, 2014. (more…)
“I was referred to The Farah Law Firm by a friend of mine when I was injured in an auto accident. I am so glad that my friend referred me to Michael and his extremely helpful team. They were not only successful in getting my settlement but also helped me find great doctors to aid in my recovery from the accident. I highly recommend The... Read More »
For many people, owning property — particularly your own home — is a major part of the proverbial “American Dream.” In the past, only the very wealthy were able to become landowners. But today, home and property ownership are possible for more people than ever. And because of the nature of property ownership, and the fact... Read More »
Due to the current COVID-19 pandemic sweeping the country, the Centers for Disease Control (CDC) issued an order (the Order) on September 4, 2020, that temporarily places a moratorium on residential evictions. This order is in effect from September 4, 2020, through December 31, 2020. At this time, many tenants have questions about how the... Read More »
With the recent outbreak of the novel coronavirus (COVID-19) in the United States, all Americans are forced to wonder how this pandemic will affect their lives going forward. It’s hard to imagine any aspect of life that won’t be affected by this global tragedy. Landlords, tenants, and real estate investors in particular are already facing many... Read More »
The Series Limited Liability Company The Series Limited Liability Company (“Series LLC”) was first introduced in Delaware in 1996. Although many states allow for the formation of Series LLC, few still do not. The Series has been valid in the Lone Star State for the past ten years (since 2009). In Texas, the Texas Business Organization Code... Read More »