by Austin Real Estate | Jul 16, 2025 | Property Tax
Property tax, for developers, is increasingly like a complicated surgical operation. There are many elements, specifically the state of your property at Oct 31 and what you do beforehand, that will significantly affect the tax you pay. Additional School Tax (AST)...
by Austin Real Estate | May 11, 2025 | Arbitration Dispute Resolution
Recently two clients, one a tenant, another a landlord, asked me to prepare an appraisal of the rent that was applicable on their office building. Of course, I had to decline both. BUT, I suggested that I could do an appraisal that could determine the rate for them....
by Austin Real Estate | Jun 29, 2024 | School Tax
Since our last communication, we have discussed issues with the leading appellant agents and legal counsel experienced with AST. The original concept advanced at the Musqueam hearing – that the definition of “in use” is different for the AST than in general...
by Austin Real Estate | Feb 24, 2024 | Property Tax
When an assembly is consolidated into one lot: Assessed value goes up 10-15% Additional School Tax (AST) will likely become applicable or increase AST for Qualifying Residential Properties: 0.2% of value $3M to $4M and 0.4% over $4M. As an example, let’s take 4 lots...
by Austin Real Estate | Dec 5, 2020 | Property Tax
Any action you do or do not take before or after Oct 31 and November 30 each year will affect the amount of tax you have to pay. Several Government Acts and rules governing the methodology of determining the assessed value, will affect what you pay. The acts refer to...