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  2. Texas Tax Code Chapter 313 - Wikipedia

    en.wikipedia.org/wiki/Texas_Tax_Code_Chapter_313

    A 2021 report to the Texas Legislature by the Texas Comptroller reported 509 active limitation agreements, representing an estimated $134 billion of total investment through 2019. That report indicates that for projects commencing between 2006 and 2020, local school property tax revenue reductions due to limitation agreements are approximately ...

  3. Limits on Depreciation Deduction - Wikipedia

    en.wikipedia.org/wiki/Limits_on_Depreciation...

    Commissioner, T.C. Summary Opinion 2004-93 (2004). Other "listed property" is subjected to more limitations, under 168(g), if it is "not predominantly used in a qualified business." 280F(b)(1). [1] If listed property is not used for a qualified business, the accelerated depreciation deductions will be recaptured under 280F(b)(2).

  4. Uniform Environmental Covenants Act - Wikipedia

    en.wikipedia.org/wiki/Uniform_Environmental...

    When contaminated properties and former industrial sites are remediated under the supervision of a governmental agency, there are occasionally issues requiring a long-term Land Use Control (LUC) or Activity Use Limitation (AUL) which regulatory officials seek to have recorded on the property title or deed prior to clearing it for reuse. These ...

  5. Texas lawmakers reach property tax cut deal. What it could ...

    www.aol.com/texas-lawmakers-reach-property-tax...

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  6. Section 179 depreciation deduction - Wikipedia

    en.wikipedia.org/wiki/Section_179_depreciation...

    This property is generally limited to tangible, depreciable, personal property which is acquired by purchase for use in the active conduct of a trade or business. [1] Buildings were not eligible for section 179 deductions prior to the passage of the Small Business Jobs Act of 2010; however, qualified real property may be deducted now. [2]

  7. What is Amendment 1: Limitation on Assessment of Real Property?

    www.aol.com/news/amendment-1-limitation...

    WPTV's Tania Rogers explains what a yes or no vote for Florida's constitutional amendment question related to the assessment of real property means.

  8. Landlord–tenant law - Wikipedia

    en.wikipedia.org/wiki/Landlord–tenant_law

    The common law was harsh to tenants. Texas tenants leased their property "as is" under the common law doctrine of caveat emptor, Latin for "let the buyer beware." [30] The tenant was expected to carefully inspect the property before signing their lease. Afterwards, they were expected to continue paying rent even if the property became ...

  9. Texas Senate passes $18B property tax bill - AOL

    www.aol.com/sports/texas-senate-passes-18b...

    Jul. 12—AUSTIN — After weeks of delay, the Texas Senate on Tuesday unanimously passed two bills as part of its property tax relief plan. The move brings the state one step closer to passing ...

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    related to: personal use limitation rental property texas