Entries by Dixon Commercial

2010 Appeal Petitions have been filed

We’ve just returned from filing 1,875 real estate tax appeal petitions for the 2010 tax year. If you are still interested in protesting the assessed value of your property you can file a late petition with the Miami-Dade County Value Adjustment Board, by visiting the 17th Floor of the Government Center downtown or by visiting […]

What Is The 10% Non-Homestead Cap System?

What Is The 10% Non-Homestead Cap System? All properties that are not already protecting from increases of more than 3% per year under a Homestead Exemption are now benefiting from a 10% increase cap. The is a new state laws that set a 10% per year assessment increase cap in place for the assessed values […]

How Do I Prevent Losing My Parents Homestead Exemption When They Pass?

Question: My parents owned their home for many years and had Homestead Exemption.  I’ve been living in my parent’s house and taking care of them in their last years.  But last year they passed and when I inherited the house, the Homestead Exemption was lost and now the real estate taxes have tripled.  What can I do? Answer: […]

The Hummer Dilemma

by Tom Dixon Hopefully, now that we have passed through the dark time of not knowing what the financial future holds for us, it is time to consider how things can be better in the future. It seems to me that not too many years ago the belief was that if you have more, spend […]

Trying to Outrun Our Real Estate Tsunami

For those of us involved in real estate for over 20 years, we have experienced cycles which seldom took more than 3-4 years to work out. This one is much different with few experts able to forecast a time to return to normalcy.  It has been much more personal than the past because all of […]

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2010 Industrial Market Report

Last week Andrew and I presented the 2010 Miami-Dade County Industrial Market Study to over 240 members of the Commercial Industrial Association of South Florida. This is 15th year we have reported on the industrial market conditions in South Florida. The Market Trends Section reported a growth in industrial space for the year of 2008 […]

Bend, Blend & Extend

As the Great Recession of 2008-2009 continues, its effects are felt in the commercial real estate market and submarkets of South Florida in the form of increased vacancies, lower rents, reduced income and cash flow to landlords and owners of investment properties.  If landlords, owners and their leasing agents are not agile enough or willing […]