Alert* Property Tax Actions For Florida Residents

By
Services for Real Estate Pros with Get It Done For Me Virtual Services DRE# SL641317

Florida Property Tax actions needed to be take by Florida Residents in compliance with the new Tax changes enacted on January 29, 2008 which is Amendment 1. 

Portability of "Save Our Homes" benefits- Apply by March 1, 2008 to get your benefits.

If you received your homestead exemption in 2007 on a home you either sold or abandoned during 2007 and you bought another house by January 1, 2008 you can take some or all of your 'Save Our Homes' benefit to your new home but my must apply for this at your tax appraiser's office.  You will need to fill out form DR501t.

For your 10% limit on annual assessments for non-homesteaded properties, no action needs to be take at this time. The 10 % limitation does not take effect until next year.

Homeowners receiving the increased homestead exemption will automatically get their increase in homestead exemptions and no action needs to be taken on your part at this time if you already have your homestead exemption status.

For further questions please contact your local property appraiser. You can get a list of property appraisers by clicking on the blue link below:

http://dor.myflorida.com/dor/property/appraisers.html. 

If you have just moved to Florida and bought a house in Palm Beach County, you can visit the PAPA county property appraiser's office and E-file for your Homestead exemption.  

You must be living in your Florida property on January 1 of the year you want to apply for your homestead exemption in order to be qualified for your exemption. 

There are more exemptions other than just the homestead exemption that you may be qualified for:

  • The widow and widower exemption
  • The agricultural exemption
  • The Disabled Veterans and Civilians exemption.

These are some of the benefits for living in Florida as a Florida Resident. Not only do you get sunshine and beaches with lots of Palm trees you also get the benefits of Homesteaded Properties. 

 

Katerina Gasset Subscribe to my Blog

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Contact Nestor Gasset and Katerina Gasset, CIPS, Realtors®, International Properties and Investments, Inc. Licensed Realtors® in Florida at 561-753-0135 to list your property for sale or to purchase a property in Wellington, Royal Palm Beach, Loxahatchee, Lake Worth, Hypoluxo Island, Lantana, West Palm Beach and the rest of Palm Beach County Florida. We are accepting referrals.

Copyright © 2008 By Katerina Gasset, All Rights Reserved. *Alert * Property Tax Actions For Florida Residents.* Contact Katerina Gasset for Customized Business and Personal Coaching.

Visit our profile to find out more about our services. Call us today at 561.753.0135 or Toll Free 800.444.3316. Contact us by email if you prefer by clicking on email me on the right side of this page under our profile.

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Disclaimer:The information provided herein is supplied by several sources and is subject to change without notice. Wellington Homes Blog does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Wellington Homes Blog represent the opinions and ideas of the author(s). Wellington Homes Blog does not express the views of International Properties and Investments, Inc or those of the broker.

P.S. If you are listing your home as a short sale in Palm Beach County Florida make sure you hire an agent who knows how to do short sales and has the experience to get the job done. We are doing successful short sale packages. Call us at 561-753-0135 to find out more about Palm Beach County Short Sales.

 

 

 

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Rainer
165,557
Dan Forbes
Bradenton, FL
Katerina -  Thanks for the excellent post about property taxes.
Feb 27, 2008 10:05 PM #1
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
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Dan- Ah, this poor lonely post wanted a comment, and you are so kind to be the one to come by and give it some hugs :) thanks so much for all of your support. 
Feb 28, 2008 06:29 AM #2
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
Nestor and Katerina, This post is going to be helpful to many people in Florida.  Speaking of taxes, it's that time again--a personal thank you for the reminder :)
Feb 28, 2008 06:54 AM #3
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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com
Katerina, anytime you can save on property tax's that is worth noting. Great Post.
Feb 28, 2008 11:06 AM #4
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Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation
Katerina - Everyone is busily posting to the Local Expert contest before the deadline, so it seems lots of blogs are without comments.  lol.  This is excellent information, and I know I've gotten some calls from peple about a similar requirement in our area, to continue receiving the Homestead Tax Exemption, not that it's no longer automatic.
Feb 28, 2008 04:09 PM #5
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Katerina Gasset
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Margaret Woda, Maryland REALTOR

Margaret- I did not enter. It is just too much on my plate right now and yours, Lenn's and Julie's relocation packages are so well done that I would not even dream of competing with you guys.  

Feb 29, 2008 12:59 AM #6
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Katerina Gasset
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Carole Provenzale Owner, Feng Shui Long Island

Carole- Thank you and I am glad I reminded you of that dreadful task!  

Feb 29, 2008 01:00 AM #7
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Frank Rubi Louisiana Real Estate-Homes for Sale

Frank- There should be no taxes :) We have a long way to go to fix this problem here in Florida but this is one step in the right direction. 

Feb 29, 2008 01:01 AM #8
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