Category Archives: Property Tax Exemptions

Filing a Late Homestead Exemption Application While Enjoying the Art of Wilfredo Lam

If you missed the March 3rd deadline for filing a Homestead Exemption application don’t panic. Take a breath of fresh air and make plans to take a field trip to the Exemptions Division of the Miami-Dade Property Appraiser’s Office located at:

Stephen P Clark Center (Government Center)

111 NW 1 Street, Suite 710 (7th Floor)

Miami, FL 33128

Late applications for Homestead and other property tax exemptions can be filed in person through mid-September. Applicants must also file a petition with the Value Adjustment Board ($15.00 fee). The property owner must have all the required documents when filing.

For more information regarding the Homestead Exemption, click here.

While you’re downtown, take some time to visit the Miami Art Museum (yes, we do have one) and check out Wilfredo Lam‘s first large-scale solo exhibition in South Florida, Wilfredo Lam in North America. It’s embarrassing to think that it took this long for a local cultural institution to take a chance to display the works of (arguably) the greatest Cuban painter to ever live.

No fires have been reported.

Is the local Cuban community finally growing up? Or is it just growing old?

Adrian Salgado is a Realtor Associate with RED I Realty in Miami, FL and can be reached at 305-491-7179 or SalgadoA@gmail.com

 

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2008 Homestead Exemption Update

I received word yesterday that a letter was recently mailed out to homeowners in Miami-Dade County who qualify for a 2008 Homestead Exemption. In the letter, the Miami-Dade Property Appraiser’s Office asks everyone who either filed or plans to file for a Homestead Exemption to also file a Portability Application Form (DR-501T) even if you don’t qualify for portability.

The letter explicitly states “if you do not want to apply for this benefit (portability), please write ‘none’ across the Transfer of Homestead Difference form, sign it, and return with your homestead application”.

In other words, if you do not benefit from portability in 2008, write the word ‘none” in big black bold letters across the Portability Application Form (DR-501T), sign it, and return it with the Homestead Exemption application.

If you already filed for a Homestead Exemption, you must do the same. However, if I were you, I’d put my 13-digit folio number somewhere on the Portability Application Form (there is a space provided on the application labeled “Parcel ID Number”) so that the Property Appraiser’s Office knows what property the form corresponds to.

If you did not apply or will not be applying for a Homestead Exemption in 2008, you do not have to do anything. Relax.

A copy of the aforementioned letter, dated February 15, 2008, can be seen here.

By the way, the last day to apply for a Homestead Exemption is March 3, 2008, not March 1, 2008 as stated in the letter.

Adrian Salgado is a Realtor Associate with RED I Realty and can be reached at 305-491-7179 or SalgadoA@gmail.com

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Reminder: $50,000 Homestead Exemption Application

If you took legal or equitable title to real property in the state of Florida in 2007 and made it your primary residence as of January 1, 2008, don’t forget to file for a $25,000 $50,000 Homestead Exemption with your local Property Appraiser’s Office.

Property tax exemption applications, along with general instructions on how to complete the application are available online at the Miami-Dade County Property Appraiser’s Office Exemptions page. The active links above will direct you to the PDF files.

All property exemption applications may be filed with the Miami-Dade Property Appraiser’s Office anytime up to March 3, 2008.

Applications can be filed at both Property Appraiser’s office locations. Those locations will be open Monday – Friday from 9:00 am to 4:00 pm until March 3, 2008:

Stephen P Clark Center (Government Center)
111 NW 1 Street (Ground Floor Lobby)
Miami, FL 33128

South Dade Government Center Government Center
10710 SW 211 Street (2nd Floor)
Miami, FL 33189

In addition to these two locations, the Property Appraiser’s Office has set up special satellite offices across the county where they are receiving property tax exemption applications. The following offices will be open Monday – Friday from 9:00 am to 4:00 pm until February 22, 2008:

Miami-Dade Permitting & Inspection Center
11805 SW 26 Street (2nd Floor)
Miami, FL 33175

Hialeah District Court
11 East 6 Street
Miami, FL 33010

North Dade Justice Center
15555 Biscayne Blvd
Miami, FL 33160

NOTE: All offices will be closed on Monday, February 18 in observance of President’s Day.

If you qualify for portability in 2008, in addition to applying for a Homestead Exemption you must also submit a Portability Application Form (DR-501T) to the Property Appraiser’s Office by March 3, 2008.

If you have already applied for a 2008 Homestead Exemption on your new home, you must still complete the Portability Application Form by March 3, 2008 in order to benefit from portability.

Someone looking to transfer his/her Save Our Homes benefit from a previous homestead located in a different county, needs to fill out a Certificate for Transfer of Homestead Assessment Difference (DR-501R) with the Property Appraiser’s Office in the county in which the new homestead is located.

Properties with a Homestead Exemption will be automatically upgraded to the new $50,000 benefit. You do not need to apply for the second $25,000 Homestead Exemption.

For more information on property tax exemptions visit the Property Appraiser’s Office home page.

Adrian Salgado is a Realtor Associate with RED I Realty in Miami, FL and can be reached at 305.491.7179 or SalgadoA@gmail.com.

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$25,000 Homestead Exemption

If you hold legal or equitable title to real property purchased in Miami-Dade County (or anywhere else in the state of Florida) in 2007, “reside thereon and in good faith made it your permanent residence as of January 1, 2008” and are a U.S. citizen or a legal resident of the United States, you are entitled to a $25,000 Homestead Exemption.

If you purchased a residential property within the first three quarters of 2007, you may have received a pre-printed application through the mail. Those who purchased in the latter part of 2007 may not have received a pre-printed application. No need to worry. An application, along with general instructions on how to complete the application, are available online at the Miami-Dade County Property Appraiser’s Office Exemptions page. The active links above will take you directly to the PDF files.

All property exemption applications may be filed with the Miami-Dade Property Appraiser’s Office anytime up to March 1, 2008 March 3, 2008. Applications can be filed in person at:

Stephen P Clark Center (Government Center)
111 NW 1 Street, 7th Floor
Miami, FL 33128

Note: I’ve been informed that the Property Appraiser’s Office has set up an area in the lobby of the Stephen P Clark Center where one can apply for any of the property tax exemptions made available.

You can also apply for the exemption via U.S. Postal Mail by sending the application to:

Miami-Dade County Property Appraisal Department
P.O. Box 013140
Miami, FL 33101-3140

In addition to the application, you must provide one proof of ownership, and two proofs of Florida residency dated prior to January 1, 2008.

Any one of the following Proofs of Ownership can be submitted:

  1. Warranty Deed
  2. Property Tax bill
  3. Notice of Proposed Property Taxes
  4. Homestead Exemption Automatic Renewal Receipt
  5. Computer Public Value Inquiry printout

Any two of the following Proofs of Florida Residence can be submitted:

  1. Driver’s License
  2. Automobile Registration (not leased)
  3. Voter Registration
  4. 1040 Income Tax Return filed in Florida or W-2 Form addressed in Florida
  5. Intangible Tax Return filed from Florida
  6. Florida Unemployment Compensation Registration
  7. Employment letter with Employer’s letterhead
  8. Child School report card or School letter attesting child’s registration
  9. Moving van receipt from another county or state
  10. Doctor’s letter with Doctor’s letterhead
  11. Church letter with Church letterhead
  12. SSA-1099 fiscal year Social Security Statement addressed in Florida

If you plan to mail your application, I advise that you send it Registered Mail/Return Receipt.

Note: Social Security Numbers are required for applications to be processed. Applications will be denied if Social Security Numbers are not provided.

The $25,000 Homestead Exemption will provide you with estimated tax savings of approximately $500 your base year (the first year that the Homestead Exemption is granted). More importantly, as a result of Amendment 10, the Homestead Exemption caps the Assessed Value (not the Market Value) of your primary residence at 3% or the Consumer Price Index (CPI), whichever is less. The “cap” remains so long as the title remains unchanged and the homeowner continuously receives HEX on the same home. A good example of how the Homestead Exemption and Amendment 10 impact primary homeowners is available by pressing the hyperlink in this paragraph.

If you have any questions regarding Homestead Exemptions or any other property exemptions, feel free to contact me at 305-491-7179 or SalgadoA@gmail.com.

Adrian Salgado is a Realtor Associate with RED I Realty in Miami, FL and can be reached at 305.491.7179 or SalgadoA@gmail.com.

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