Lowering Your Property Tax Bill 101

  • Understand Your TRIM notice
    • In Miami Dade County, TRIM notices are sent to all property owners by August 24
    • Key things to look for are property value, assessed value, exemptions, mill rate, Ad & Non-Ad taxes.
  • Review Your Property Card
    • This card is analogous to a career resume, but the difference here is that it is about your property.
    • Some of the information includes are property description, zoning and district, value history (land, building, assessed, exemption, and market values), sale history, and improvement.
    • Error is human, so if you find any discrepancies as you review it, file an appeal to Pedro Garcia’s office, for Miami-Dade County residence.
    • Access the property card by clicking here
      • Format of a folio number: 30-xxxx-xxx-xxxx
  • Abstain from non-cosmetic home improvements
    • Permanent home improvements such as structural changes, deck install, pool addition, and others increase the assessed value. For those who want to make permanent home improvements, it is encouraged to contact the Miami-Dade appraiser’s office here to get an estimate of their property tax increase.
      • Make sure to apply for permits when necessary!! Tax liens are costly.
  • Limit Curb Appeal
    • Usually, the assessed value of a property is directly related to the look. Plan to make cosmetic improvements after the assessor’s evaluation. The county notifies property owners ahead of time before coming.
  • Research comparable homes in your neighborhood
    • For similar properties, use the tax comparison tool for Miami-Dade County residents to compare the market and the assessed value of the subject property and see a comparison of taxable values, ad valorem taxes, and taxing authority millage rate.
      • To get the folio of the subject property, enter the property address in the search bar here.
  • Give the assessor a tour like experience
    • Although property owners are not obliged to let an assessor in their home, it is in their best interest to do so. Otherwise, an assessor can give the highest assessed value, which will increase the property’s owner tax bill significantly.
    • While giving the tour, point out more deficiencies than good points of your home to provide a less perceived value.
  • Look for exemptions such as seniors, veterans, disabilities, agriculture properties, historic properties, and homestead. The more you qualify for, the cheaper your taxes.

Need help with any of these? Feel free to contact us by email: [email protected] or phone: 713-429-0272

Credit: Glen Curtis

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