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Property tax insanity
#9034517
04/15/24 10:32 PM
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Joined: Sep 2007
Posts: 7,636
Nathan at Fork
OP
THF Trophy Hunter
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OP
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Joined: Sep 2007
Posts: 7,636 |
Just got my 2024 tax valuation on my farm in Rains county today. No new improvements have been made. They raised my actual taxable value by over 100% and total market value by 70%. This is the most ridiculous thing I've even seen.
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034520
04/15/24 10:37 PM
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Joined: Oct 2012
Posts: 25,333
Creekrunner
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 25,333 |
I'm still waiting on my Kimble County appraisal review board hearing for the ranch house valuation (they doubled it- 21 year-old house)...for 2023. Idiots.
Last edited by Creekrunner; 04/15/24 10:39 PM.
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034521
04/15/24 10:38 PM
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Joined: Aug 2012
Posts: 15,578
TexFlip
THF Celebrity
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THF Celebrity
Joined: Aug 2012
Posts: 15,578 |
A buddy of mine had a 360sqft portable shed taxed at $52k as "residential housing".
Just to make sure that it is done thoroughly, I go both ways.
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034523
04/15/24 10:41 PM
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Joined: May 2009
Posts: 24,390
dkershen
Rev Dave
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Rev Dave
Joined: May 2009
Posts: 24,390 |
To be sure of hitting the target, shoot first and call whatever you hit the target.www.NewHopeEquine.com - Health and Healing through Horses.
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034526
04/15/24 10:44 PM
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Joined: Dec 2011
Posts: 5,836
Lazyjack
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2011
Posts: 5,836 |
We got ours today. Unbelievable. But property values are ridiculous.
If the 2nd amendment was written just to include guns for hunting, why is there not an amendment to protect fishing poles?
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034532
04/15/24 10:55 PM
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Joined: Sep 2012
Posts: 16,023
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 16,023 |
Hopefully, this will be the last year I have to protest. I'll be 65 at the end of the year.
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034542
04/15/24 11:29 PM
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Joined: Oct 2008
Posts: 15,202
Tbar
THF Celebrity
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THF Celebrity
Joined: Oct 2008
Posts: 15,202 |
East Texas...
My smallest property they raised the value 14% Next property 33% Largest property 106% !!!
There are two small properties for sale on our road. One they are asking $120,000 p/acre and the other $47,000 p/acre.
Make America Great Again
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034544
04/15/24 11:32 PM
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Joined: Oct 2004
Posts: 39,569
redchevy
THF Celebrity
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THF Celebrity
Joined: Oct 2004
Posts: 39,569 |
Got ours it went up, but I wouldn’t consider selling for less than double what they have it at.
It's hell eatin em live
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034549
04/15/24 11:40 PM
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Joined: Jun 2006
Posts: 8,352
Dave Davidson
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Joined: Jun 2006
Posts: 8,352 |
I’m dreading getting it on a rental I have in Hurst. My grandson and his wife are “renting” it a very attractive price. Home values are exploding. If they weren’t in it, the rent would be about 40% more. Can’t homestead commercial property.
Last edited by Dave Davidson; 04/15/24 11:44 PM.
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034555
04/16/24 12:01 AM
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Joined: Jan 2014
Posts: 12,768
Paluxy
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Joined: Jan 2014
Posts: 12,768 |
They can only raise your taxable value 10% annually. They can raise your appraised value to whatever.
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Re: Property tax insanity
[Re: Paluxy]
#9034566
04/16/24 12:40 AM
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Joined: Nov 2008
Posts: 8,375
LoneStarSon
THF Trophy Hunter
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Joined: Nov 2008
Posts: 8,375 |
They can only raise your taxable value 10% annually. They can raise your appraised value to whatever. If it's your primary residence and you have the homestead exemption, they can only raise the assessed value 10%...but if you don't have that exemption? Yeah, they gonna bend you over...and it ain't gonna be nice and slow. They ain't even gonna buy you dinner or kiss you after.
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034568
04/16/24 12:40 AM
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Joined: Oct 2014
Posts: 12,353
Duck_Hunter
THF Celebrity
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Joined: Oct 2014
Posts: 12,353 |
The system needs changing for sure. It’s absurd.
I just turned it on . I was looking bird dogs in the butt this morning.
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Re: Property tax insanity
[Re: Paluxy]
#9034572
04/16/24 12:45 AM
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Joined: Aug 2012
Posts: 15,578
TexFlip
THF Celebrity
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THF Celebrity
Joined: Aug 2012
Posts: 15,578 |
They can only raise your taxable value 10% annually. They can raise your appraised value to whatever. That 10% will double your taxable value 100% in 7 years.
Just to make sure that it is done thoroughly, I go both ways.
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034583
04/16/24 12:53 AM
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Joined: Jul 2019
Posts: 14,264
Hudbone
THF Celebrity
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Joined: Jul 2019
Posts: 14,264 |
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034586
04/16/24 01:00 AM
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Joined: May 2009
Posts: 10,432
Ramball36
THF Celebrity
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Joined: May 2009
Posts: 10,432 |
I’m anxious to see what they do with the property we just bought. Right now land valued at 25k improvements valued at 125k. We’re dozing every improvement
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034588
04/16/24 01:04 AM
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Joined: Jun 2015
Posts: 18,772
Roll-Tide
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Joined: Jun 2015
Posts: 18,772 |
Texas spends 2 billion a year of taxpayer money on border security.
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Re: Property tax insanity
[Re: Roll-Tide]
#9034590
04/16/24 01:08 AM
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Joined: Sep 2012
Posts: 16,023
Jimbo1
THF Celebrity
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Joined: Sep 2012
Posts: 16,023 |
Texas spends 2 billion a year of taxpayer money on border security. I'd rather that than on "diversity" projects.
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034592
04/16/24 01:11 AM
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Joined: Jun 2015
Posts: 18,772
Roll-Tide
THF Celebrity
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Joined: Jun 2015
Posts: 18,772 |
Should be state of emergency and paid back by federal government.
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Re: Property tax insanity
[Re: Paluxy]
#9034603
04/16/24 01:55 AM
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Joined: Sep 2007
Posts: 7,636
Nathan at Fork
OP
THF Trophy Hunter
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OP
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Joined: Sep 2007
Posts: 7,636 |
They can only raise your taxable value 10% annually. They can raise your appraised value to whatever. I do not live there so they are allowed to bend me over for the full 105% increase.
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034611
04/16/24 02:31 AM
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Joined: Mar 2010
Posts: 12,293
ntxtrapper
THF Celebrity
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THF Celebrity
Joined: Mar 2010
Posts: 12,293 |
The land boom must still be going on north and east of me. It was two years ago here and property taxes went way up. Last years was about 18% lower for me here.
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034708
04/16/24 02:35 PM
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Joined: Mar 2013
Posts: 5,041
jetdad
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THF Trophy Hunter
Joined: Mar 2013
Posts: 5,041 |
They can only raise your taxable value 10% annually. They can raise your appraised value to whatever. I do not live there so they are allowed to bend me over for the full 105% increase. Don't you have an Ag valuation on the farm? Are you talking about the improvements? Jimbo1-You should always protest if the valuation is too high. It may not affect you now because of the over 65 freeze, but your heirs will be taxed at the value the CAD has.
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Re: Property tax insanity
[Re: jetdad]
#9034719
04/16/24 03:03 PM
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Joined: Sep 2007
Posts: 7,636
Nathan at Fork
OP
THF Trophy Hunter
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OP
THF Trophy Hunter
Joined: Sep 2007
Posts: 7,636 |
They can only raise your taxable value 10% annually. They can raise your appraised value to whatever. I do not live there so they are allowed to bend me over for the full 105% increase. Don't you have an Ag valuation on the farm? Are you talking about the improvements? Jimbo1-You should always protest if the valuation is too high. It may not affect you now because of the over 65 freeze, but your heirs will be taxed at the value the CAD has. Yes I have ag exemption. After the ag exemption and my dv4 disabled veteran exemption my total taxable value increased 105%. So my bill this year will be twice what it was last year.
Last edited by Nathan at Fork; 04/16/24 03:03 PM.
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034722
04/16/24 03:07 PM
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Joined: Oct 2004
Posts: 39,569
redchevy
THF Celebrity
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THF Celebrity
Joined: Oct 2004
Posts: 39,569 |
Have any of you noticed the tax rates change? I know many have gone down significantly but nobody ever notices that.
It's hell eatin em live
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Re: Property tax insanity
[Re: jetdad]
#9034747
04/16/24 04:20 PM
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Joined: Sep 2012
Posts: 16,023
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 16,023 |
They can only raise your taxable value 10% annually. They can raise your appraised value to whatever. I do not live there so they are allowed to bend me over for the full 105% increase. Don't you have an Ag valuation on the farm? Are you talking about the improvements? Jimbo1-You should always protest if the valuation is too high. It may not affect you now because of the over 65 freeze, but your heirs will be taxed at the value the CAD has. Oh yea, I protest every year. Some work, some not so much. Just saying, from what I understand, is that this will be my last time to have to.
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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Re: Property tax insanity
[Re: Nathan at Fork]
#9034906
04/16/24 10:33 PM
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Joined: Dec 2009
Posts: 9,857
The Dude Abides
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2009
Posts: 9,857 |
Yep, another 10% for 2024. No justification...just because they can.
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.
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