Patrick O'Connor
Patrick C. O'Connor has been president of O'Connor & Associates since 1983 and is a recipient of the prestigious MAI designation from the Appraisal Institute. He is also a registered senior property tax consultant in the state of Texas and has written numerous articles in state and national publications on reducing property taxes. He continues to set the standard in direction and quality of our appraisal products, adding services ranging from business valuations and business appraisals to cost s
Articles by this Author
Commercial Real Estate Appraisal Income Approach
- By Patrick O'Connor
- Published 10/23/2008
- Real Estate
- Unrated
The income approach is often given primary emphasis when appraising a commercial real estate used to generate income. Estimates of value via the income approach are highly sensitive to changes in revenue, expense and capitalization rates.
Tax Reductions and the IRS Position on Cost Segregation
- By Patrick O'Connor
- Published 10/17/2008
- Finances
- Unrated
Tax reductions and tax deductions are a common benefit of cost segregation. When real estate investors and tax practitioners learn about the income tax deductions and tax reductions resulting from cost segregation they are sometimes skeptical; they are concerned it is a tax shelter or tax scheme. This simply is not true. Cost Segregation provides a legitimate tax reduction.
Austin apartment overview - Q4 2007M
- By Patrick O'Connor
- Published 10/13/2008
- Real Estate
- Unrated
The multifamily market in Austin made some strides during 2007, despite a lack luster fourth quarter, where there was negative absorption and a slight decline in occupancy.
Visit the Apartments
- By Patrick O'Connor
- Published 10/2/2008
- Real Estate
- Unrated
Now it is time to visit the apartments. You may want to call and make an appointment with the leasing agent. If you make an appointment, it is less likely you will have to wait when you arrive at the property.