Monday, July 24, 2006

TIMELY FILING FOR HOMESTEAD EXEMPTION SAVES $100,000 ANNUALLY

Okay, okay it's true: Florida's homestead exemption is NOT worth $100,000 per year to every taxpayer, but it is worth that much--and more--to some. Here's a stunning example.Coach Pat Riley of the Miami Heat bought his Coral Gables home in April 1996 for $6.3 million. If eligible for homestead exemption as of January 1,1997, his property taxes for 2005 would've been over $8,000 PER MONTH less than the $238,423.56 he paid. For Coach Riley's(public record)property tax information, click here. How to avoid the homestead exemption "I-can't-believe-I-forgot-to-file" trap? File now, on or before March 1. Questions? Contact your local County Property Appraiser.Click here for contact information.Or if you're in the Pat Riley range of value, just call me!
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Daniel A. Weiss is a former Attorney Special Master for the Miami-Dade County Value Adjustment Board. Mr. Weiss now represents commercial, institutional charitable, commercial, high-end residential, agricultural and municipal taxpayers at VAB proceedings throughout the State of Florida. Mr. Weiss handles both valuation and legal claims.

Mr. Weiss has over 25 years property tax experience. Mr. Weiss represented the Miami-Dade County taxing authorities in litigation and appeals between 1981 and 1995 as a Miami-Dade Assistant County Attorney and has since represented taxpayers in property tax matters.

Mr. Weiss appears as one of Florida's Super Lawyers 2006 in the publication of the same name. He was named by his peers as one of the top 6 local government lawyers in South Florida.

In Florida Trend magazine™'s Legal Elite's issue, July 2004, Mr. Weiss was selected by his peers as one of the top 30 government lawyers in the State of Florida.

For a free consultation regarding your property, contact us.

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