Do Commerical property owners pay far less tax rates than residental home owners, I am leaning toward yes?

[ETex2]

Originally Posted by tech2enable

Apartment complex that I've looked at for sale, paid very little in way of property taxes compared to homes, the argument could be that if commercial real estate is assessed properly, residential is not being assessed properly or its assessment is too high, many people believe that commercial real estate in Texas is under assessed, they have exemptions such as AG farms, using multiple properties in areas that don't have similar properties,etc

I presume not all commercial properties, list those details, some require you to appear in person or to sign non-disclosure agreements when you receive the data or may manipulate the data, I guess you can use rents and income for that building to figure out apartment complexes, but commercial real estate seems to vastly broad, are there areas where commercial is harder to assess.

I also not that you live in a more small town or rural area, have you been an assessor in more urbanized areas.

I've never been an assessor. Appraiser and tax consultant yes, assessor no. And I've lived in Dallas or a suburb of Dallas all of my life. It's where I do business, and it's pretty big. Don't know where you got that I am in a small town or rural area.

And nearly all commercial buildings are valued using the Income Approach, if that is what you are referring to.

[FlyDrive100b]

Originally Posted by ETex2

I've never been an assessor. Appraiser and tax consultant yes, assessor no. And I've lived in Dallas or a suburb of Dallas all of my life. It's where I do business, and it's pretty big. Don't know where you got that I am in a small town or rural area.

And nearly all commercial buildings are valued using the Income Approach, if that is what you are referring to.

One of the posters, lived in a small town, do the assessors use guys like you, or do they use their own techniques, sometimes the assessor can overlook things or not have the time to focus on certain locations.