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First of all, I wanna thank you for checking out our channel! I always appreciate feedback from viewers. Second, you’re not wrong - this video was recorded and posted in Aug of ‘22, so yes - the cost of living in our area, and the country as a whole, has definitely increased. I was waiting to see what happens with the election before making an updated video as I believe that will have a huge impact on what this looks like for all of us loving forward. I would take it down, but the RUclips gods would penalize my ability to rank on peoples searches if I did. That said, I’ll see if there’s another way for me to put this disclaimer out there for future potential viewers. Again, thanks for the feedback! 👍🏻

Thanks for checking out our video! So, in my efforts to try and help answer this question, all I can say is that there's not a hard and fast answer; however, this is what I've been able to ascertain. The exemption typically applies only to property taxes levied by local taxing entities such as counties, school districts, and municipalities. It does not automatically extend to Public Improvement District taxes. Because PIDs are special assessments rather than general property taxes, they are often treated differently under tax exemption laws. I recommend checking out the Texas Comptrollers Website and the Texas Governor's Website for more info.

Thanks for checking out our video! So, I am in no way attempting to give legal advice and I highly suggest that they consult an actual real estate attorney for the most accurate answer; however, in my experience and with everything I've read, the owner of record needs to be rated by the VA as 100% disabled in order to continue receiving the exemption. I hope this helps!

Hi there! Thanks for checking out our channel! I don't have a real solid answer for you, but my best advice would be to contact your local tax office to find out what the difference in your taxes will be. Sorry I couldn't be of more help, but I wish you the best! If you have any other questions, I'm happy to help in any way I can.

Thanks @jpharrolld! Since I generally do all of my business up here in central TX, I wasn't aware that this was different in Bexar County (my old stomping grounds, btw). I appreciate you bringing it to my attention. Now I'll have to go to my local counties here in my area and make sure they haven't made that change, as well. Thanks for checking out our video and the channel! We appreciate the support! 👍🏻

That’s great! I’m sure you’re already working with someone, but if not, let me know if I can be of any assistance to you. 👍🏻

Hi Angela! Yes - you can definitely get your homestead and any VA Disability exemption that you qualify for. If you currently own a home that’s serving as your primary residence, I highly recommend you go ahead and file for those exemptions. If you need help, check out my video on how to file. Hope this helps and Happy New Year! 👍🏻

Hi @DandyDan123! Your example would be correct - $12K off the appraised value of your home, so you would only be taxed on the $288K that was used in your example. Thanks for checking out our video and our channel! We really appreciate it! I hope you make it back to TX! 👍🏻

@@PRCPropertiesGroup thank you 😊. I find in cases like this, they just up the assessment value on those applicants to get around giving a discount. Sad! Laws need to change!

You bet! I’m glad you got some value out of it! 👍🏻

Thank you! We really appreciate you checking out our channel! 👍🏻

Hey there! First of all, thanks so much for checking out our channel. We really appreciate it! The official answer to your question is that you are not allowed to use your tax exemption benefits on anything other than your "primary residence"; however, if you're currently doing that, you buy your next house and move into that one as your primary residence, I feel fairly certain that it will work - at least for a while. If they ever audit your files and find out that you are not living in the old house anymore, then expect that they will not only remove that tax benefit, but you might also be looking at back taxes. It's a risk, to say the least, but totally your choice on how to proceed. 👍🏻

Hey @jtcapital7994! First off, thanks for the kind words and for checking out our channel! We really appreciate it! To answer your question, you can't legally claim your exemptions until you occupy the home and can call it your "primary residence". As for the back pay, I'm afraid that's not a thing with our local tax office, unfortunately - at least not to my knowledge, anyway. As soon as you close on your home, though, be sure to fill out the tax exemption form and file for both your disabled veteran and homestead exemption. I hope this helped, and thanks again for checkin' us out!

@@PRCPropertiesGroup thank you

I don't necessarily disagree. Hopefully some of these exemptions that are proposed will go through and a large majority of people will feel some relief. Thanks for your comment and for checking out our channel!

I'm interested in the answer to your question. I'm in the same for my mortgage company as well.

Not untill the next year because the mortgage company wont know unless you call and provide them with the proper doc sohowing the change. The county will send a zero tax bill at the end or around oct 2024 and that mortgage company will send you a check. Personally I canceld my escrow when I became 100%, I pay my morgage every month as well as the property insurance at the end of the year. My payments went from roughly 2400 to 1600 with out property tax... I would reccomend you just call and let you loan holder know... hope this helps

@choseniam9926 is correct. You need to contact your mortgage company and let them know and then provide any documentation necessary to the mortgage company and to your county's tax office. My apologies for the late reply to this discussion, but I'm super grateful for the small community that our channel has created in the short time we've been on here. 👍🏻

I love it! Thanks for checking our channel and for letting everyone know of some other great food options in our community!

I don't necessarily disagree with you. I knew there would be folks out there like yourself that didn't see the $1400 that they were touting, but of course, I was quoting a politician, so I'll just leave that right there. LOL! Thanks for your comment, for checking out our channel and watching our video, though! We really appreciate it and hope that we continue to bring value and relevant information to you moving forward. 👍🏻

@@PRCPropertiesGroup they need to do something with the MUD districts they get away with sky high monthly bills and EOY taxes. They needed to cap the property value and give the same exemptions as school exemptions a 10k and 45k exemption for my two mud districts does nothing. In other states seniors pay 0 nothing nada all these convoluted calculus is there to confuse folks

Oh awesome! Thanks for sending that to me. 👍🏻

I do not, unfortunately. Not even completely sure where to find it. I would start with your local assessors office, though. If you've never done it, just google "your county" and "CAD" and that should point you in the right direction. Thanks a ton for checking out our channel! It's still in its infancy, so any traffic, comments and suggestions are always welcome! 👍🏻

I actually found the form letter. I’d screenshot it and forwarded it to a neighbor a couple weeks ago, and forgot I’d done that. Appreciate the reply. Wishing you a mountain of success with your channel

Sorry…just saw this one. Lol! Thank you so much for the well wishes! And thanks for subscribing! It’s means a lot. If you ever have any suggestions, be sure to send them along. 😁

I hear ya, but considering we haven't had anything even remotely close to this in a really long time, I'm gonna choose to take it as a win. LOL!

You can file for the normal Primary Residential Homestead exemption that every homeowner gets, but you would need to already possess a disability rating from the VA to qualify for the disabled veteran exemption. I hope this answers your question and thanks for checking out our channel!

Unfortunately, they do not. But, you can combine your disabled veteran exemptions with the state homestead exemptions. If you haven't checked it out yet, go watch my video I did on the proposed tax changes that talk about how our homestead exemptions will change if TX residents vote to approve it in November. Here's the link: ruclips.net/video/8CvAgGKi1J8/видео.htmlsi=6bah80STnTDhckP8 Thanks for checking out our channel!

Agreed! Once they install the appliances, get the landscaping in and give it a good cleaning, it’s gonna look really nice! Supposed to all be done by the end of the month. Thanks for watching the video!

Hi Ron! Thanks for checking out our video! So, since you're already receiving the 100% disabled veteran exemption, there's really no need to file for your Homestead exemption; however, it doesn't mean you can't. If you want to file for this, just go to the Bexar County Appraisal District website, find the Homestead Exemption form, fill it out and send it in - either electronically, through the mail or take it in person. If you need help with that part, I suggest checking out my other video on how to file here: ruclips.net/video/DjBqO-vk0rw/видео.html I hope this helped!

Thanks for checking out our video! While I can't tell you what you would actually pay in taxes (this depends on the property tax rate in your county), with a disability rating of 80%, you would qualify for $12K off the tax assessed value of your home. In other words, if the county values your home at $400K, then you would only be taxed on $388K. I hope this helps!

Afternoon and thanks for checking out our video! Sadly, you're correct in that your properties in Dallas won't qualify for the exemption. In order to qualify, it has to be your primary residence, or "homestead" as they make us call it. LOL! That's for the disabled veteran exemption. I would maybe make a call to the Dallas County tax office and see if you can qualify for the senior citizen exemption, if you haven't already. Not sure if the requirement is the same, but it's at least worth checking out.

Hello! First off, thanks for checking out our channel! So, once you've filed with the county appraisers office and it's reflected as an exemption with the county, you just need to let your mortgage lender know so that they can make the proper adjustments in your escrow account. Always double-check with your local county tax office for the most accurate info, but this should point you in the right direction.

Hi Kirr He! First off, thanks for checking out our channel and watching our video! To answer your question, the tax benefits are only good for the property that you indicate as your primary residence, or "homestead" in the state of Texas. So as such, a vacation home would not qualify, unfortunately.

Hi Debra! Thanks for checking out our video! I'm sorry to say, I left out Woodway on purpose. I was trying to target towns that couldn't be misconstrued as suburbs. I plan to make a Woodway specific video in the future. Thank you for your feedback and please consider subscribing, if you haven't already. Have a great day!

Hi Carpe Diem! First of all, thanks for checking out our video! If you are currently rated 100% disabled by the VA, then your entire appraised value of your primary residence is exempt from property taxes. Since that is the case, my understanding is that a MUD tax would not be assessed as there is no assessed value to base the tax off of, hence no MUD tax. I always recommend double-checking all of this information against the state tax code here in Texas, but hopefully this helps answer your question.

Hi Mark! Thanks for checking out our video and our channel! You used to have to wait to file until a certain time, but they changed this about a year ago, or so. Now, you can file for any exemption that you qualify for as soon as you're done closing on your new home.

Hi I S! First of all, thanks so much for checking out our video! To answer your question, I'm actually not sure if they'll backdate or not. I believe each individual county has sole discretion on how they handle that, so my suggestion would be to contact your local county tax office directly for that answer.

Hey Joshua! Yes, that's correct. Once you close, you can go online to your local county's website and either fill out the form electronically and file or print, fill out, sign and send back that way. Thanks for checking out our channel!

This is so cool! Sorry there's not more, but I'm working on putting together some new ones that should be out soon. If you haven't already, consider subscribing so you'll know when they come out. Are there any topics about Waco or the surrounding area that you would want to learn about?

@@PRCPropertiesGroup No problem the content was very informative 👌.Yes I would love to know more about the culture,best schools,things to do for children, if Waco has any festivals, how's the traffic lol, the weather, and best food spots to go. Just anything you can provide would be appreciated. I'm moving from Chattanooga,TN and looking for a good place to settle down and call home!

Hi BreLanae92! That's awesome! We'll be happy to have you! Let us know if we can help in any way!

Hi Erikk! That is so awesome!! I love it when I hear stuff like this. I hope y'all have a great time! Thanks so much for checking out our channel and watching this video!

Hi Gabriela! Thank you for the question! This is a one and done thing until you sell and purchase a new property that you're claiming as your residential homestead. I hope this helps and thanks so much for checking out our channel!

Hi Afia! Thank you for the question! Since each county is slightly different from the other, my best advice is for you to contact your local county tax office directly for any assistance. I really appreciate you taking time to check out our channel and watch our videos!

Hi Joe! Thanks for the watching and for the question! My understanding is that you do not have to be P&T to receive the full exemption. You just have to provide documentation to your local county tax office showing your 100% rating form the VA. I hope this helps!

Hi Andy! Unfortunately, it doesn't. The exemptions are meant only for the primary homestead/residence which requires the land to have a house on it that the veteran is occupying. I hope this helps and thanks so much for checking out our channel!

@@PRCPropertiesGroup what if it used as land for vets to get past there troubles

I'm not sure if the property tax benefits would extend for something like that, but I think it's worth you making a phone call to your local tax assessors office. If I had my way it would.

Hi Steven! First off, thanks for the question and for checking out our channel! To answer you question, my understanding is that you can only utilize your tax benefits on your primary residence which means that you would have to claim your Texas home as your primary residence and be prepared to show anyone who asked that this is where you spend the majority of your time, receive most of your mail, etc. I hope this helps! Just know that you can check out the website of the county that your home is located in anytime you need clarification on any of this info.

@@PRCPropertiesGroup Thank you

My pleasure!

Hi Jimmy! Thanks for your question and for checking out our channel! To answer your question, I'm actually not completely sure how they would handle that; however, if I were to make an assumption, I would say that the county would probably only go by your actual rating of 80%. My suggestion would be to call your local county tax office and ask them directly so you know for sure.

@@PRCPropertiesGroup Thanks. Okay

@@jimmieburnett8543 Yes, Texas & Michigan treats TDIU as 100% (u get the full exemption).

@@555125kevin Thanks for the info.

Hi Danny! Unless I’m mistaken (always check your local county’s website to be sure), your school and MUD taxes are all lumped into your property tax rate, so you shouldn’t have to file anything separate from the aforementioned exemption form. Thank you for the question and we really appreciate you checking out our channel! 👍🏻

Hi Minnie! Thank you for watching our video and for the kind words! Our goal is to be as helpful for people as possible, so this kind of feedback really means a lot to us. Have a wonderful Christmas! 😁

@@PRCPropertiesGroup thank you I was an activist for 40 years n my hubby was a veteran he pass last yr and no one ever have this info a friend forward this to me and I have forward to veterans I know in Texas.blessings always.Happy holiday from New Jersey 🙏💗

Oh wow! I can't even begin to fathom that. LOL! Maybe you need to come down our way. :-) Thanks for taking the time to watch and comment on our video. We really appreciate it!