Priority Tax Management

Services

Full service Texas property tax expertise for commercial and industrial properties.

Property taxes, like other taxes, are a very real cost of doing business in the State of Texas. However, companies that wouldn't dream of preparing their federal taxes without an expert routinely rely on the government to accurately assess and tax the value of their property.

Frequently, property owners believe taxes can't be reduced on property appraised below market value. However, PTM works to lower its clients' property taxes regardless of market value. Other customers think an appeal will be futile, time-consuming, expensive, or counter-productive. PTM takes the these fears out of the equation. We handle the details, customers enjoy the savings.

There are four standard methods to value property and three standard phases of the appraisal framework. While some firms can help customers with one phase of the process, PTM's team has the resources needed to handle the entire process from start to finish.

The four standard approaches to valuing property are:

  • income approach
  • sales comparison approach
  • uniform and equal approach
  • and cost approach.
PTM has the resources to evaluate a property for the most advantageous method of appraisal. Picking the right approach can slash a company's tax bill. Informal discussions, Appraisal Review Board hearings, and judicial appeals make up the three major phases of a property tax protest. Frequently, the judicial appeal is the most important step in reducing a customer's property taxes. However, many firms can't or won't use this important tool. PTM has the resources, including a captive law firm, to take customers through the entire process.