Want to know more about commercial property tax protest and what Lane Property Tax Advocates can do for you? The frequently asked questions below cover aspects of the protest process and how we can best assist you in reducing your tax bills. Browse these questions to help better understand how Lane helps our clients unburden their business.
We are currently licensed to cover all counties in Texas, Arizona, Georgia, New Mexico, Colorado and Oklahoma.
Can you cover counties elsewhere?
Reach out to one of our agents and we will let you know if we can expand to your area (we most likely can!).
Based on the portfolio, Lane will likely charge a competitive contingency fee. Please send us a list of your properties for a quote. Note that you don't pay Lane unless we reduce your property value and save you money if you’re being charged on a contingency basis. Flat fees may apply in some cases.
Lane is well-versed in both commercial and residential parcels. All Lane team members handle both commercial and residential protests. Please note that we only accept residential accounts if they are in a portfolio of commercial accounts or a portfolio of other residential accounts.
Based on the portfolio, Lane will likely charge a competitive contingency fee.
We will identify the best possible approach(es) to value the subject property by assessing the income, cost, sales comparison, uniform and equity, land equity and rent equity. Our sister firm MBLane and Associates is a full-service commercial appraisal company that has been in business for over 20 years.
If notified, Lane will handle all correspondence for filing forms such as name changes, exemptions and all other necessary paperwork to save you time. Please note that there may be an extra fee for filing exemptions.
Provide Lane with the most up-to-date property information throughout the year. Examples include property photos, estimates of any necessary repairs, damages to the property, completed appraisals, rent rolls and profit and loss statements. We've made the exchange of documents easy through our client portal. Our team will need:
MBLane and Associates, our affiliated sister firm, has been preparing commercial appraisals for over 20 years for various counties all over the state of Texas. Michael Lane, the founder, holds the designation of MAI through the Appraisal Institute and is also a state-certified general appraiser. He has appraised commercial real estate in Texas for over 30 years.
Yes, the value of a residential or commercial property can increase by more than 10%. The only time the value cannot exceed a maximum increase of 10%, or 30% over a three-year period, is on a residential property with a homestead exemption.
Your property value will be changed after a hearing is attached and certified by the Appraisal Review Board. The timeline for a property value to be changed after it’s protested ranges throughout the year, anywhere from June to October. The deadline to protest your property taxes is May 15th.
** COVID-19 has affected the 2020 season. Protest hearings are scheduled through December.
Please note that this process changes from state to state.
“No longer assigned” means there has been a name change to the business or property owner.
Call Lane and speak to an agent, or add/remove accounts through the client portal on our website.
As soon as possible, year-round.
Market Value – The value a property could be sold for on an open market
Appraised Value – The taxable value (market value + exemptions)
Follow the links below for some helpful resources regarding protesting your property taxes.