Updates

Brusniak Turner Fine Updates 6/10/2021

Posted by John Brusniak | Jun 10, 2021 | 0 Comments

NATIONAL

Real estate developers are building more new single-family rental homes after years of investors buying up houses to rent
Business Insider 
...a growing wave of developers are tapping into that demand by building up entirely new communities of rental homes that are leased and managed like vast, horizontal apartment complexes.

COLORADO

Colorado lawmakers agree to lower property taxes by $200M, obstructing possible bigger cut
Lamar Ledger
Colorado Democrats made quick work of passing bill to cut property taxes by $200 million, with all but five Republicans in opposition. Normally ...

ILLINOIS

Connor's call for simplified property tax appeals passes Senate
The Times Weekly
A resolution from State Senator John Connor (D-Lockport) asking the Illinois Property Tax Appeal Board to consider standardizing property tax ...

NEW YORK

Queens hotel to pocket $11M property-tax refund after it was overvalued by city
Crain's New York Business
The hotel's own assessor deemed the proper amount to be $1.9 million, or more than 90% less. Owner GCP Realty sued the city. It argued the hotel's ...

OHIO

Village council rejects request for 10-year tax abatement
Columbus Messenger
By Dedra Cordle Staff Writer. The village of Urbancrest council has turned down a development company's request for a tax abatement. At its meeting ...

TEXAS

Leander-Cedar Park growth breaks appraised home value records
Community Impact Newspaper
With low housing inventory in Central Texas and high demand, market values have increased at an aggressive rate, WCAD Chief Appraiser Alvin ...

The Unlikely Demise of Texas' Biggest Corporate Tax Break
Texas Observer 
In 2001, state lawmakers and business leaders warned that the state's high property tax rates were discouraging corporations from locating big projects in Texas. 

WASHINGTON

goskagit.com 
The sale included three parcels totaling about 24.5 acres, according to the Assessor's Office. The property's new owner, ALM Burlington LLC, has a San ...

About the Author

John Brusniak

John Brusniak, Jr. is the dean of Texas property tax litigation.  He was licensed to practice law in 1976,   His early career involved general litigation and appellate work in both the federal and state courts until he was handed his first property tax matter.  It arose prior to the implementatio...

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