IMPORTANT NOTICE CONCERNING THE 2017 TAX APPEAL FILING DEADLINE

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At this time it does not appear that the County will be extending the Sept 19th, 2017 deadline for filing tax assessment petitions.

Because Hurricane Irma has disrupted our normal business hours, we will be preemptively filing on approximately 500 cases for clients that we worked with last year.

We will try to include any and all new clients that wish to appeal their tax values for 2017.  However, we may have to file later than usual, but we should have good cause to get the hearings granted as long as they are filed in the next week or two.

Please continue to use our online form to fill out information on new properties not in our database, or email us directly.

You can also call our offices at 305.443.4966, but we may not be available until Monday the 18th due to lack of power and internet.

FOR SALE: NW 12th St Industrial Land

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Crockett and Tubbs Visit The 2424 Building

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Did you know The 2424 Building has been featured in Miami Vice?

Miami Vice at The 2424 Building

Crockett and Tubbs Visit The 2424 Building

Watch the Full Episode “Forgive Us Our Debts” 

on  or

 

2424 Building - Coming Soon

Your Fair Share!

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If you live in Florida and own property, you will receive a TRIM (Truth in Millage) notice in the next 4 to 6 weeks. This notice will give you an estimate of the real estate taxes that the property must pay, based upon the assessment and proposed millage rate.

The assessment (value) is established each year by the County Property Appraiser using mass appraisal techniques. The millage rate is based on funds the city and county government need to operate, divided by the total values of all real property in the County. The real estate taxes for a property is then calculated by multiplying the assessment – say $100,000 times the millage rate of say 19 mills, which is really 1.9% or .019. This equals a tax of $1,900. I sometimes think that the term millage rate is used to confuse the taxpayer. It would be much clearer if it was expressed as a percentage of value.  As in you’ll be paying about 2% of your properties value in taxes each and every year.

As a taxpayer, you are only obligated to pay your fair share. And if you think you are unfairly assessed there is something you can do about it.

Unfortunately the only part of the real estate tax equation which can be appealed is the assessment.  However you are always welcome to attend the budget hearings to find out more about that process.

After you receive the TRIM notice, there is usually a period of 25 days to file an appeal petition if you wish to protest the assessment. Then, sometime in the next 12 months there will be a hearing before a Special Magistrate to debate the assessment. As a property owner, you can file the appeal and present your arguments before the Special Magistrate. However, many property owners have found that using a professional is much more effective.

With our 30 plus years of combined knowledge of South Florida real estate valuations as estate brokers, professional appraiser, teacher and economic analysts, we are well equipped to represent property owners in the successful appeal of real estate tax assessments.

WE CAN MAKE SURE THAT YOU ARE ONLY PAYING YOUR FAIR SHARE OF REAL ESTATE TAXES.

How much of my real estate tax bill should I pay?

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Q: I just received my tax bill and the county now offers the option to pay only 75% of the tax bill.  How much of my real estate tax bill should I pay?

A:  The simple answer is 100%, and not the 75% option.

Here’s a few reasons why this is bad for our clients and tax payers in general.

  • After the appeal process you will still need to pay the difference between the original bill and the revised bill, PLUS INTEREST at 1% per MONTH.
  • If the time it takes for them to schedule the hearing exceeds (in months) the percentage of savings achieved, you could be liable for a bill that is larger than originally listed even after winning the appeal.  This is because on average the appeals don’t take place until almost a year after the petitioned get filed and sometimes closer to a year and half.
  • We would need to achieve a reduction of more than 25% to negate any interest penalties that have accrued.  While this has happened in the past in some cases, it is not the norm and shouldn’t be expected.
  • You can actually make money!  To offset the INTEREST PENALTY the law includes a provision that the petitioner will EARN the 1% per month INTEREST if the County must issue you a refund because of a reduction.
  • Banks do not like this.  A few clients have told of us issues with their banks thinking they were in default when the county showed an outstanding balance on the account before the appeal hearing had been scheduled.
  • Lastly, it makes it very confusing, for all involved, for us to have to send you a bill for a 10% reduction, when you still owe the county 15%, plus interest at 1% per month for 8 months.  We’ll look bad, you’ll feel cheated when in actuality we did save you quite a few dollars.

If you’d like to see the exact amount due at any time you may visit the Miami-Dade Tax Collectors Search Page

Tom & Guy’s Favorite Websites – 2014

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Tom and Guy’s will be presenting their favorite website’s this week for the Miami Realtor’s

Below you’ll find the list of sites they’ll cover, but if you want to see how they all work together to help you research a property you’ll have to join the class.

COMPANIES
Florida Corporations www.sunbiz.org/search
Overall Search www.google.com
Look up companies www.hoovers.com
About corporations corporationwiki.com
PEOPLE
Find People PeopleFinders.com | People Summary
Email Locations www.melissadata.com/index.htm
Phone No. Lookup www.reversephonedirectory.com
Find People www.switchboard.com
Find People www.zabasearch.com
GOVERNMENT
CITY OF MIAMI
City of Miami Building Department www.miamigov.com/building/pages
City of Miami Zoning www.miami21.org
City of Miami Zoning Map maps.miamigis.com/miamizoningsite
MIAMI-DADE
MD Property Appraiser gisims2.co.miami-dade.fl.us/MyHome/propmap.asp
MD Foreclosures www2.miami-dadeclerk.com/MFS
MD Criminal Search www2.miami-dadeclerk.com/CJIS/CaseSearch.aspx
MD Clerk www.miami-dadeclerk.com
MD Permits www.miamidade.gov/building
MD Checkbook www.miamidade.gov/transparency
MD Microfilm File bldgappl.miamidade.gov/microfilm
MD Property Data eMaps gisims2.miamidade.gov/emaps/viewer.htm
MD General Data www.miamidade.gov/technology/gis-self-service.asp
MD Track Permits www.miamidade.gov/zoning/track/home.asp
MD Zoning Map www.miamidade.gov/planning/library/maps/zoning.pdf
FLORIDA
Fla Corporations search.sunbiz.org/Inquiry/CorporationSearch/ByName
Fla Statutes www.flsenate.gov/statutes
Fla License https://www.myfloridalicense.com/wl11.asp
Fla Unclaimed Funds www.fltreasurehunt.org
Municipal Codes www.municode.com
Labor Market Data www.floridajobs.org
Federal Statistics www.fedstats.gov/qf/states/12/12086.html
MAPS
Street Views maps.google.com
Crime Maps www.crimemapping.com/map/fl/miami-dadecounty
Aerial Maps www.bing.com/maps
Crime Maps www.familywatchdog.us
Putting Address on Map www.batchgeo.com
Traffic Counts www2.dot.state.fl.us/FloridaTrafficOnline/viewer.html
NEWS PAPERS
Miami Today www.miamitodaynews.com
The Real Deal therealdeal.com/miami
Commercial Stories www.cre-sources.com/
BROKERAGE
Post Rental and Sales www.postlets.com
MARKETING
Email Campaigns www.mailchimp.com
UTILITIES
Keep track of Passwords www.lastpass.com
Calculation of Days www.workingdays.us
Free Software sites.google.com/site/freesolutionssite
PDF – Converter www.online2pdf.com
SIC Codes www.sec.gov/info/edgar/siccodes.htm

Guy and Tom’s Favorite 2014 FREE Websites