Property taxes, on commercial real estate, is usually the largest line item operating expense on your profit and loss statement. Your Net Operating Income (NOI) is dramatically effected by how much your property taxes go up. (They never seem to go down) In Texas…property taxes have been skyrocketing and causing hardship to profitability. Most commercial real estate investors hire an advocate to fight the taxing authorities for a lower annual tax bill. Mark Cantrell with Cantrell McCulloch is an expert on reducing property taxes in Texas.
To contact Mark Cantrell: https://cmi-tax.com/)
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com) to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.
