By.Michelle DeLappe, Esq. and Norman J. Bruns, Esq.
Savvy commercial real estate professionals keep property-tax planning on their checklists for acquisitions and capital projects.
Why? Because they know that considering property taxes early can save money and reduce hassle later, whether the project is acquiring a business that owns real estate, developing...Read more
Proper functional obsolescence may not be factored into the estimates provided by the cost estimating services.
By Kirk Garza, MAI, CCIM, CMI, Joseph Jarrell, and Jordyn Smith
Appraisal districts across Texas often use the cost approach to determine market value for property tax purposes, and when valuing certain commercial...Read more
According to Gilbert Davila, principal at Popp Hutcheson PLLC, an Austin-based law firm specializing in property taxes, the hikes are primarily attributable to basic increases in construction and investment in self-storage properties across Texas. Based on how pricing for commercial real estate in Texas has generally skyrocketed in recent years...Read more