Ashoka Lion Property Management Offering Property Tax Dispute Benefit

Ashoka Lion has partnered with Advaloremtax to offer property tax dispute services for our clients.

Ashoka Lion understand that our rental owners are trying to maintain their profitability of their investment homes in the Houston area. Our goal with this program is to help save money for landlords by partnering with a property tax dispute firm. We are offering to cooridnate this to our real estate investors as a perk of our property management services. Advalorem has graciously agreed to offer lower than typical rates for this service (which usually run 50% of the savings to provide instead 35% of the saving. Jay Raman and his family have used this company for years on their personal investment properties and are leveraging our long standing history to offer these great rates to our clients. NOTE: Ashoka Lion is not making money on property tax dispute service and is simply offering this benefit to our Houston area clients.

Steps	Key time frames	Step in Process	Things to Consider
1	March-April	Appraisal district releases assessment for tax year
2	May 15th	Tax protest deadline	It is filed by service automatically on your behalf
3	April 15th through August.	Protest hearings take place	The service will coordinate being at the hearing and protesting on your behalf
4	October-November	Tax rates voted on and approved
5	November-December	Tax bills generated
6	January 31st	Tax Payment is Due

How does Ashoka Lion help me in the process.

Our property management firm helps you in 2 simple but convenient ways:

1) We will coordinate any bill payments for successful dispute from your account. We will work with AdValorem to get bills and pay out of rents or your account when the bills come due.

2) If Advalorem needs help with any sales related documents, then we will help coordinate from the owners or if they need CMA assistance.. We will provide that service as a courtesy to our property management clients.

Why should I dispute my property taxes?

Property taxes in the state of Texas can be one of the more costly line items for an investor, as taxes are approximately 3% a year. This is regardless of your occupancy that you have to pay the appraised value. This is why it is critical to have a team that is actively trying to slow down the escalation of your property valuation on tax rolls. This will save you hundred or thousands of dollars a year. The best part is if the firm is unable to lower your tax bill, then you pay nothing! Our property management firm understand that owners are trying to improve their rate of return, and our goal is to help you with our partnership with these kinds of firms.