ProgN said:

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El_duderino said:

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I agree about the 95% and I'm not one of those. I protest, but am losing ground with the exponential amount of houses now around me that are selling for stupid prices. I'm definitely interested in what you do

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Read below what I wrote. I've had to argue that fact as well, and that's why you need to study the comps of similar houses in your area and what they sold for. The board will say that that's what they believe your house is worth, then tell them to write you a check! They've said to me that no one else in my similar comps protested their appraisals. My reply was, "it's not my fault that they're stupid".

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ProgN said:

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Heineken-Ashi said:

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If you live in Texas, your tax rates have been coming down significantly for 4-5 years. So your total taxes paid shouldn't have really risen that much. Certainly not as much as your valuation would lead to believe. We also got the higher exemption amount of school taxes that went into effect last year.

Personally, since 2019, my house has doubled in price. My tax bill hs gone up 12.5%.

Who's paying the most is commercial real estate and people with investment properties and second homes. No exemptions. Most CRE is likely up 50% or more on tax bills since 2019.

Insurance on the other hand, that's the big one that is affecting EVERYONE. I'm up over 2x since 2019. 40% is the renewal notice I got for my next year. Going shopping, but not sure it will do much good considering I just had to put a claim in and put on a new roof from the derecho damage.

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Although that is true, it doesn't matter and majority of homeowners flush a lot of money.

You should only have to pay property tax on the value of what you can list and sell your house for. Matter of fact, houses in my area dropped last year, so I was able to lower my tax liability from the year before because I fought it with a current appraisal because the county had to lower it to the value that I could list it for. This was also from a figure where they jumped it 20% from the previous year. No one wanted to write me a check, so they matched my appraised value to be done with me.

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El_duderino said:

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ProgN said:

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El_duderino said:

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I agree about the 95% and I'm not one of those. I protest, but am losing ground with the exponential amount of houses now around me that are selling for stupid prices. I'm definitely interested in what you do

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Read below what I wrote. I've had to argue that fact as well, and that's why you need to study the comps of similar houses in your area and what they sold for. The board will say that that's what they believe your house is worth, then tell them to write you a check! They've said to me that no one else in my similar comps protested their appraisals. My reply was, "it's not my fault that they're stupid".

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I'm right there with you in the way you approach it. This year there's finally been some comparable homes sold, so I have ammo to work with.

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Heineken-Ashi said:

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ProgN said:

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Heineken-Ashi said:

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If you live in Texas, your tax rates have been coming down significantly for 4-5 years. So your total taxes paid shouldn't have really risen that much. Certainly not as much as your valuation would lead to believe. We also got the higher exemption amount of school taxes that went into effect last year.

Personally, since 2019, my house has doubled in price. My tax bill hs gone up 12.5%.

Who's paying the most is commercial real estate and people with investment properties and second homes. No exemptions. Most CRE is likely up 50% or more on tax bills since 2019.

Insurance on the other hand, that's the big one that is affecting EVERYONE. I'm up over 2x since 2019. 40% is the renewal notice I got for my next year. Going shopping, but not sure it will do much good considering I just had to put a claim in and put on a new roof from the derecho damage.

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Although that is true, it doesn't matter and majority of homeowners flush a lot of money.

You should only have to pay property tax on the value of what you can list and sell your house for. Matter of fact, houses in my area dropped last year, so I was able to lower my tax liability from the year before because I fought it with a current appraisal because the county had to lower it to the value that I could list it for. This was also from a figure where they jumped it 20% from the previous year. No one wanted to write me a check, so they matched my appraised value to be done with me.

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For sure. But that's subjective. While there's absolutely a combination of stupidity, corruption, and laziness in the appraisal valuations, every homeowner has the ability to not only protest, but to litigate their valuation. It's not the perfect system, but when you consider that many other states force an income tax, something that cant be argued or litigated against, and in most cases it's costing their residents more than what property taxes are causing ours, I'll stick with out system while voting for candidates attempting to improve on it.

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EnronAg said:

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just in my 40's so not as seasoned or experienced as some of you...but has anyone seen a more impressive market than what we have now...nothing holds it back...bad economic data, ignores it...geopolitical conflicts, don't care...every dip is bought voraciously...this trajectory is just amazing to me since 2 years ago...I, personally, have never seen anything so strong...can someone give a time period that matches or surpasses this time we are in??

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Cru said:

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Ha. Yeah, finally I can contribute. I started jubally.com many many years ago. It's a do it yourself property tax protest business similar to turbo tax. We primarily only serve Harris but have done many other counties in the past. Next spring reach out and my fellow stock thread people can get a 50% discount from me.

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Heineken-Ashi said:

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TTUArmy said:

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Brian Earl Spilner said:

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https://finance.yahoo.com/news/super-micro-computer-says-shipping-111500808.html

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All the good they are doing can't be fully appreciated until they get their accounting issues sorted out. Personally, I still believe there is something to the Hindenburg case. And, I don't think it affects SMCI alone. I think there are some other large company fingerprints in the their books which would devastate the entire AI market.

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NVDA. Hands in each others cookie jars. Rumor is that SMCI can't follow through on Blackwell orders due to their accounts being falsely bloated, and they are 25% of all future orders.

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Brian Earl Spilner said:

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Nice. ATH for me as well, and not quite at a new 100k marker quite yet, but quickly approaching. Amazing how much faster they each come, especially after the first one.

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