Property Tax Appeals Attorney
Helping Florida Property Owners With Property Tax Appeals
Understanding the Property Tax Appeal Process in Florida
Every year, property owners in Florida receive a Notice of Proposed Property Taxes. All homeowners should familiarize themselves with the value of their property as it directly impacts your property tax bill. If you believe that your property has been improperly assessed and that the value is inaccurate, you always have the right to appeal.
How LumaLex Can Help You with Your Property Tax Appeal
Navigating property tax appeals can feel overwhelming, but that’s where LumaLex Law steps in to make a difference. Our team specializes in guiding Florida property owners through the appeal process, ensuring you have the best chance at a successful outcome.
The appeal process is often bogged down with documentation. We handle the detailed process of filing the appeal, presenting evidence, and advocating on your behalf during hearings. Thus, saving you time and ensuring peace of mind.
Working with our experienced Florida property tax appeal attorneys will simplify the process and take the necessary steps so that you can potentially save significant amounts of money on your property taxes.
Types of Property Tax Appeals We Handle
Residential Property Tax Appeals
If you own a residential home in Florida, you are required to pay residential property taxes based on your property’s assessed value. However, if you disagree with a property appraiser’s assessment of your property, you can file a petition with the county value adjustment board (VAB) to appeal the assessment. If you are still in disagreement with the VAB’s decision, you can file a lawsuit in circuit court, but securing representation is necessary when involving the courts.
Commercial Property Tax Appeals
Commercial property tax is an annual tax rate, based on the value of your commercial property. Each county in Florida is responsible for administering this property tax. There are eight factors that property appraisers must consider in determining a just evaluation of your property. These considerations include:
- Present cash value of the property
- Highest and best use to which the property
- Location of the property
- Quantity or size of the property
- Cost of the property and the present replacement value of any improvements
- Condition of the property
- Income from said property
- Net proceeds of the sale of the property
Much like the residential property tax appeal process, commercial property tax assessment can be appealed in many of the same ways. You can file a petition with the VAB, or take it a step further and file a lawsuit in a civil court setting. The stakes are quite high in appealing commercial property taxes, as your business depends on it. Having a dedicated industry focused team of attorneys with extensive knowledge in property tax appeals is imperative when it comes to protecting your commercial property in a courtroom.
Agricultural Property Tax Exemptions
Florida offers a unique tax exemption for residents who own property being used for agricultural use. Florida statute requires property to have a “bona fide agricultural purpose.” The agricultural tax exemption is beneficial to farmers and ranchers alike as it would cut down on their property taxes while allowing their budding farms to prosper, further boosting the local economy.
Industrial and Investment Properties
Just like residential and commercial properties, industrial and investment properties in Florida are also expected to pay property taxes. The process is a bit different given that there are more complex factors involved in the assessment, such as specialized zoning, industrial equipment, and income-generating potential.
Industrial properties are often used for manufacturing, warehousing, and distribution. Their property value may be influenced by factors such as land value, building improvements made, and the presence of industrial equipment.
Whereas, investment properties are often used for investment purposes such as rental income. Assessments for investment properties may include factors such as rental income, property appreciation, and operating expenses.
Why Choose LumaLex for Your Property Tax Appeal?
Our team of attorneys stays up-to-date on the latest property tax laws and regulations to ensure you receive the best possible representation. We understand that each property tax appeal comes with its own set of challenges, which is why we take the time to tailor our legal strategies to your each and every need.
Ready to Reduce Your Property Taxes? Contact Us Today
At LumaLex, we’re committed to helping you challenge unfair assessments and secure a fair tax outcome. Don’t hesitate to reach out with your questions or concerns—your property deserves expert representation. Visit us online or call our office at (754) 228-6290 to get started. Let us help you save money and protect your property.
FAQ
A property tax appeal is your opportunity to challenge your property’s assessed value when you believe it’s inaccurate. Since your assessed value directly determines how much you owe in property taxes, a successful appeal can potentially save you money.
Each year, Florida property owners receive a Notice of Proposed Property Taxes (NOP). If you believe your property’s assessed value is too high, it’s crucial to file an appeal within the timeframe set by your county. Acting promptly can make all the difference.
Start by contacting your county’s Property Appraiser’s Office to review your concerns. If it’s not resolved informally, you can move forward by filing a formal petition with the value adjustment board (VAB). It’s a process that requires precision, and having expert guidance can make it significantly smoother.
The following can be used as evidence to support your property tax appeal:
- Recent appraisals
- Comparable property sales data
- Evidence of property damage or decline in condition
- Photographs of property condition
At LumaLex, we help homeowners gather and present this critical evidence to ensure your appeal is as strong as possible.
Absolutely. Navigating property tax appeals can be challenging, but you don’t have to do it alone. An experienced property tax attorney or consultant, like LumaLex, can handle every detail from compiling evidence to representing you before the VAB. We’re here to ensure the best possible outcome for you.
The timeline can vary depending on your county’s schedule and the complexity of the appeal. On average, it may take several months. Though it requires patience, the potential savings make the effort worthwhile. With LumaLex by your side, you can trust that we’ll handle the process efficiently and keep you informed every step of the way.
