Menu

Property Tax Resources

Use obsolescence to lower hospital property taxes


Becker's Hospital Review originally published this article in the May 18, 2018 issue of Becker's CFO Report.

Property taxes based on excessive valuations are smothering traditional hospital owners.

All too often, tax assessors ignore functional and economic obsolescence that increasingly afflict hospitals, instead treating these assets as financially productive institutions that hold their value. Hospital owners, however, can leverage obsolescence to reduce taxable values and property tax bills.

Click the link below to continue reading.

https://www.beckershospitalreview.com/finance/use-obsolescence-to-lower-hospital-property-taxes.html

Daniel R. Smith, Esq., is a principal with and general counsel for Austin, Texas law firm Popp Hutcheson PLLC, the Texas member of American Property Tax Counsel, the national affiliation of property tax attorneys. Kevin Shalley, CMI, is a tax consultant and manager with Popp Hutcheson PLLC, specializing in healthcare properties.

 Contact Daniel at This email address is being protected from spambots. You need JavaScript enabled to view it. and Kevin at This email address is being protected from spambots. You need JavaScript enabled to view it..

Cash in on Tax Savings for Green-Buildings
How the New Tax Law Affects Property Taxes

American Property Tax Counsel

Recent Published Property Tax Articles

Reduce Property Taxes Through Acquisition and Capital Project Planning

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

Are All Bricks Created Equal?

​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

Oversupply, Taxes Choke Self-Storage Growth

 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

Member Spotlight

Members

Forgot your password? / Forgot your username?