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Property Tax › Florida

Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending... more +
Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction.  However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities.  less -
Saul Ewing LLP

The Florida Homestead Exemption

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Most Florida residents are aware that Florida has a homestead exemption law, but there is more to it than one might think.  There are actually three different sets of laws  in Florida that deal with the homestead.  One of...more

Lowndes

Real Estate Tax Considerations for Landlords and Tenants

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It is customary for landlords to require their tenants to pay real estate taxes attributable to the landlord’s property being leased, along with other common area expenses like maintenance, insurance and the like. When there...more

Lowndes

Property Tax Exemptions for Senior Living Facilities: Application Deadline is March 1, 2024

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The 2024 exemption deadline is almost upon us! As with every year here in Florida, the property tax exemption application deadline falls on March 1. So it is again time for senior living facilities around the state to...more

Maynard Nexsen

Florida Client Alert:  New and Future Changes to Florida Laws Affecting Real Property

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Tort reform laws are not the only significant changes underway in Florida. There also are a series of changes to Florida law that either have taken effect, will take effect, or may potentially take effect (more on that...more

Bilzin Sumberg

Live Local Act Glitch Bill

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As expected, within days of the opening day of the 2024 Legislative Session came two proposed “clarification glitch” bills containing several proposed amendments to the Live Local Act.  Senate Bill 328, sponsored by Senator...more

Bilzin Sumberg

Florida Live Local Act Tax Exemption Guidance Officially Updated

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The Live Local Act provides a property tax exemption of up to 100% of the assessed value of a qualifying project’s units. In order to qualify, a project must contain at least 71 housing units, and must serve housing occupants...more

White and Williams LLP

Understanding the Real Estate and Tax Implications of Florida's Buyer Ban Law

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Last month, Gov. Ron DeSantis (R) of Florida signed a new law that would prohibit people who are not U.S. citizens or permanent residents and whose "domicile" is in China from purchasing certain real property in the state....more

Shutts & Bowen LLP

Florida's Live Local Act

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The Live Local Act (SB 102) (the “Act”) amends multiple provisions of the Florida Statutes with the overarching purpose of spurring additional development of affordable housing in the State. Importantly, for qualifying...more

Bilzin Sumberg

New Florida Law to Turbocharge Affordable Housing Development

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Governor Ron DeSantis signed into law Senate Bill 102 (“Live Local Act” or the “Act”) on March 28, 2023. The majority of the Live Local Act will go into effect on July 1, 2023, with certain provisions pertaining to tax...more

Lowndes

Dissolving Disney’s Reedy Creek Improvement District: The Impacts of SB 4-C

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The Reedy Creek Improvement District (RCID) is a special purpose district created by a special act of the Florida Legislature in May 1967. It gives The Walt Disney Company governmental control over the land in and around Walt...more

Lowndes

2021 TRIM Notices: After the First Full Year of Covid-19

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This week, property appraisers from all 67 Florida counties will mail (or have mailed) Truth in Millage (TRIM) notices to property owners around the state, indicating the 2021 valuation for each property. If not already...more

Lowndes

2021 Property Tax Valuations Being Determined

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All around Florida, the elected county Property Appraiser in each of our state’s 67 counties is starting to determine 2021 valuations for property tax assessment purposes....more

Moritt Hock & Hamroff LLP

Establishing & Maintaining Legal Domicile In Florida

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Becoming a Florida resident has numerous income and estate tax considerations and other implications including obtaining homestead status. This Alert is an introduction to the issues and steps you should consider to establish...more

Lowndes

2020 TRIM Notices: What to Expect for Your Property Valuation

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In August, property appraisers from all 67 Florida counties will mail Truth in Millage (TRIM) notices to property owners around the state, indicating the 2020 valuation for each property. If not already received, these...more

Lowndes

Appellate Court Reconsiders Decision in Disney Property Tax Appeal

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On Friday, the Fifth District Court of Appeal issued a revised opinion in a closely-followed case, Singh vs. Walt Disney Parks and Resorts, a property tax appeal involving the 2015 assessment of Disney’s Yacht & Beach Club...more

Lowndes

What will happen to my 2020 Property Taxes?

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As the pandemic continues to ravage many industries, senior living facilities continue to stand apart as specially impacted properties. From the outset of the COVID-19 crisis, these facilities have been in the news, not only...more

Lowndes

Florida 5th DCA Says No More to Rushmore

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In a decision that will potentially have far-reaching implications in the property tax world, Florida’s Fifth District Court of Appeal issued an opinion today in Singh vs. Walt Disney Parks and Resorts, a tax appeal involving...more

Carlton Fields

Real Property, Financial Services, & Title Insurance Update: Week Ending September 13, 2019

Carlton Fields on

Real Property Update - Lost Note / Standing: differences in initial plaintiff's name in initial complaint and chain of assignments attached to amended complaint cast doubt on plaintiff's standing to enforce lost note and...more

Lowndes

It’s Time For Your 2018 TRIM (Property Tax) Notices!

Lowndes on

Over the last month, all 67 Property Appraisers in Florida have finalized their 2018 valuations for property taxes. Truth in Millage (TRIM) notices will be sent out to all property owners, so these notices have either been...more

Bilzin Sumberg

New Florida Case Facilitates Public-Private Partnerships

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The Florida First District Court of Appeal recently decided Crapo v. Provident Group-Continuum Properties, LLC, which sets forth a rule that should result in more favorable property-tax treatment for P3s in Florida....more

Bilzin Sumberg

Real Estate Tax Help for Vertical Subdivisions

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For many years we have sought to address the problems faced by mixed-use developments where different uses in a single structure are carved up into separate fee simple parcels. ...more

Foodman CPAs & Advisors

Taxes in Florida

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The Sunshine State is one of the lowest tax burden states in the US. Florida has no state individual income tax. At the state level, there is NO tax on social security benefits, retirement income, IRAs, 401(k) accounts,...more

Bilzin Sumberg

Extension of Property Tax Discount in Miami-Dade and Potentially Other Counties

Bilzin Sumberg on

On September 4, 2017, Governor Scott issued Executive Order 17-235 in response to anticipated severe damage across Florida due to Hurricane Irma. The Executive Order granted the Florida Department of Revenue authority to...more

Lowndes

ATTENTION PROPERTY OWNERS: Your 2017 Property Tax Notices Have Been Mailed To You!

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By now, all 67 Property Appraisers in Florida have finalized the 2017 valuations for property taxes. Truth in Millage (TRIM) notices have been sent to all property owners, so these notices have either been received or will be...more

Searcy Denney Scarola Barnhart & Shipley

Public Education Under Attack in Florida

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Imagine a world in which public education did not exist. A world in which children did not have schools to attend. A world in which the future generation could not obtain a diploma. It is hard to imagine such a world, as the...more

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