I'm thinking of using a tax protest company here in RR for the first time and was wondering if anyone had a company they would recommend. So far I see Ownwell and TaxProtestMap as two popular options.
Home stead exemption caps increase to 10% if appraisal is more than 10 % above assessed value the pervious year.Who?mikejones! said:
Wilco tax assessment says 10% tax increases are "mandatory" until assessed value equals market value.
I can't find anything in that states such in the law. Am I wrong?
Their goal is to tax you as much as they can, so they always want the appraised value to equal the market value. If your market value is more than 10% higher than your current appraised value, they can't raise your appraised value more than 10% each year. So in the realm where they are trying to make the two values match, but market is >10% above appraised, yes a 10% increase would be "mandatory" to them. But it isn't something written into law.Who?mikejones! said:
Wilco tax assessment says 10% tax increases are "mandatory" until assessed value equals market value.
I can't find anything in that states such in the law. Am I wrong?
Who?mikejones! said:
I understand the cap.
But, there's nothing "mandatory" about rasing taxes 10% until assessed value meets market value. This reeks of the assessor trying to deceive homeowners about why they are increasing values to the max.
Its totally within their authority to raise the rates 10% per year so long as the assessed value is below the market value.
I called wilco cad and spoke to a very nice lady there. She happened to be on the committee that approves the language in the notices and aggress the language was incorrect and misleading. She said she'd get it changed. We will see, I guess.