Over the next few weeks, Florida taxpayers will begin receiving their annual Notices of Proposed Property Taxes, also known as “TRiM Notices.” This presentation will explain the important information disclosed in your Trim Notice regarding the taxable value of your property, applicable tax exemptions, and the tax rates imposed by your local taxing authorities. We will also discuss the different methods for objecting to a tax assessment, and the critical deadlines for bringing those challenges.
1:28 What are TRiM notices?
4:05 How are property taxes calculated?
6:38 Taxable value: Fair market value, assessed value, just value
14:57 Why is my neighbor’s property valued higher than my neighbors?
17:13 Taxable value and exemptions.
20:14 How do we challenge just value?
26:45 Going to the Value Adjustment Board to challenge just value.
31:47 Going to circuit court to challenge just value.
35:41 Portability and building new home.
42:16 Impact on homestead exemption if you AirBnB property.
45:03 How to guess future taxes.
46:26 How to increase just value.