Posted in Real Estate Law,Tax Law & IRS Defense
Your local Florida County Property Appraiser mails out the Notice of Proposed Property Taxes (Truth in Millage or “TRIM” form) in August or September of each year. Property owners or taxpayers who wish to contest or appeal their property value to the Value Adjustment Board must file a petition (one of the DR-86 forms) with the clerk of court within 25 days of the Notice of Proposed Property Taxes.
Typically, as with most legal matters, it’s best to try and resolve the matter prior to filing a petition. If time permits, it’s advisable to contact your property appraiser’s office to resolve issues such as market value, classification, or an exemption. Keep in mind that there are many other issues concerning property taxes in Florida that may be applicable, such as Portability, the Save Our Homes cap (currently 2.1% for 2018 per the CPI index), joint ownership or adding someone to your deed, inheriting family-owned property, or the transference of property. More information can be found below.
FL Department of Revenue – Homestead FAQ’s
FL Department of Revenue – Petitions to the Value Adjustment Board