Taxes

A Pixar-style illustration of a confused homebuyer looking up at a bright yellow question mark, symbolizing uncertainty. Next to him are icons representing a FIRPTA document, a red dollar sign, and a house, with bold yellow text below reading 'YOU DON’T KNOW WHAT YOU DON’T KNOW.' The image highlights the complexity of real estate transactions and the importance of having an experienced agent to guide buyers through hidden challenges like FIRPTA.

Why You Need an Experienced Buyer’s Agent: The FIRPTA Factor

There’s a saying in real estate: “You don’t know what you don’t know.”Buying a home is exciting, but it’s also full of potential pitfalls that many buyers never see coming, until it’s too late. That’s why having an experienced real estate agent on your side isn’t just helpful, it’s essential. Let me ask you a question:How many of you have ever heard of FIRPTA?Better yet, how many of...

From SB 9 to SB 10: The Latest on Texas Property Tax Changes and What It Means for DFW

If you read my last post on SB 9 and how it could impact DFW communities, you’ll want this important update. The legislative landscape has shifted, and now SB 10 is at the center of the property-tax conversation in Texas. SB 9 Has Changed Course When we last looked at SB 9, the bill proposed reducing city and county property tax revenue caps from 3.5% to 2.5% for communities over 75,000 people....

Illustration highlighting Texas Senate Bill 9 and its impact on DFW Metroplex communities. The image shows a sad cartoon man with empty pockets, a desk calendar labeled "PROPERTY TAX" in bold letters, and a white model house. Bold yellow text at the top reads: “SB 9 and the DFW Metroplex: Which communities are in and which are out?” — emphasizing property tax concerns and local impact.

SB 9 and the DFW Metroplex: Which Communities Are In and Which Are Out?

The Texas Senate’s recent passage of Senate Bill 9 (SB 9) could bring new limits on how much property tax revenue many cities and counties can collect without voter approval. The bill lowers the cap from 3.5% to 2.5% annually for those with populations over 75,000. For the Dallas–Fort Worth Metroplex, this means some cities would see tighter revenue growth limits, while others would continue under...