Did You Know You Can Reduce Your Business Personal Property Tax (BPP) by 40 to 50% and Save Thousands?
1 Search for your Property
Yes, O’Connor CAN help you reduce your property taxes.
O’Connor saved clients over $190 million in 2024!
- Yes – there is NEVER a fee unless we reduce your property taxes
- Simple on-line enrollment in just 2 or 3 minutes
- Personalized concierge service site visits
2 Enroll for property tax savings
Have Additional Properties?
Benefits of O’Connor :
- Simple, online enrollment in just minutes, or call us at 713.290.9700 if you prefer.
- No fees ever unless we reduce your property taxes, not even a nickel. We promise.
- Aggressive property tax consultants with hundreds of years collective experience. We understand the people and process to negotiate lower property taxes for you. Our interests are properly aligned. We never, ever get paid unless you reduce your property taxes.
Benefits of O’Connor :
- Simple, online enrollment in just minutes, or call us at 713.290.9700 if you prefer.
- No fees ever unless we reduce your property taxes, not even a nickel. We promise.
- Aggressive property tax consultants with hundreds of years collective experience. We understand the people and process to negotiate lower property taxes for you. Our interests are properly aligned. We never, ever get paid unless you reduce your property taxes.
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Don’t Take the Appraisal District’s Guesstimate of Your Value! Enroll Today!
You can enroll in our Business Personal Property Program that will show your potential tax savings… but you must act now.
The deadline to file an appeal is fast approaching.
As a business property owner, you’re probably facing three major issues.
First, the property tax code defines the method of valuation for business and personal property (BPP) as “market value.”
However, most appraisal districts still render your property on a “depreciated cost” basis. This means you can be overpaying on property taxes every year.
Second, over the past 25 years, we’ve found the appraisal districts make 3 major mistakes in valuing your BPP :
Using inaccurate depreciation tables
Appraisal districts use a physical-life depreciation schedule that grossly overvalues personal property. For example, district tables would value a 1-year old chair at 86 to 90% of its cost. Hence, a $300 chair would be valued at $252-$270, when its true value is likely $20-$50.
Taxing on intangible personal property
ONLY tangible personal property (items you can see, touch, feel and move) is taxable. If you have a $2,000,000 phone system the total cost includes tangible (plastic, metal, and silicone) and intangible (service agreements, software, and trade secrets) property. Districts encourage property owners to render the TOTAL cost, which is not correct.
Encouraging property owners to include inappropriate costs
Freight, setup costs, and specialized buildings to house equipment, while included in depreciation tables (appropriate for the IRS) are dead wrong for personal property taxation.
The appeal deadline is soon.
Whether or not you rendered your business personal property, you still needed to file your appeal by the deadline.
We know from our 25 years’ history in appraising BPP and commercial real estate that rendering an opinion of value can reduce the amount rendered by 50% or more. This means your market value will result in lowering your bpp taxes.
ENROLL TODAY In the Property Tax Protection Program™
Free online enrollment in 3 minutes.
No cost unless taxes reduced, guaranteed.