Posts by: ScottB

Broward County Property Appraiser Marty Kiar informs us in his latest newsletter that portability allows eligible property owners to pay less property taxes at their newly homesteaded property by transferring all or a portion of the Save Our Homes (SOH) savings from one Florida property to another Florida property within the strict time frame allowed by law. If you qualify, Portability will reduce your property’s assessed value, resulting in tax savings this year and possible tax savings in future years depending upon the market value of your home each year.

Read more about property portability in Marty’s newsletter by clicking here.

The Broward County Property Appraiser’s Office mails the TRIM (proposed tax) Notices in August of each year. This is NOT a tax bill but a notice showing your property’s 2022 just value, exemptions and proposed taxes as set by the various taxing authorities. The TRIM Notice is your opportunity to review your 2022 just value and ensure you are receiving all the tax-saving exemptions you are eligible for.

Florida Statutes require our office use January 1 as the date of assessment each year.  The 2022 just values are based on the market data from 2021. Our office must consider changes in market conditions – up or down – when developing the just/market values each year. The 2022 just values will reflect the significant changes in the 2021 market data. As the real estate market trends upward, most property owners will see increases in their just/market values.

Property Appraiser Marty Kiar’s newsletter also answers key questions about the Homestead Exemption.  Click here to read the full newsletter.

According to Broward Property Appraiser Marty Kiar, the timely deadline to apply for any 2022 exemption was March 1; however, applicants can still late file until September 19, 2022. If you both owned and made the property your permanent residence as of January 1, 2022, you can still apply for 2022 Homestead Exemption and any other exemptions you may qualify for. You can easily apply for Homestead Exemption online at https://web.bcpa.net/bcpaclient/#/Homestead as well as view all the other exemptions available to qualified applicants.

While the Property Appraiser’s Office does not set or collect taxes, our office receives many calls from residents inquiring about installment tax bills and their recently approved exemptions. Broward County’s Records, Taxes & Treasury Division is responsible for the billing and collecting of property taxes.

Click here to read the full newsletter from Marty Kiar.

Summertime is quickly approaching, and we can already feel the heat! Graduations are taking place, summer vacations are starting, and grills are getting ready for pool/beach days. As we spend time with our families, I urge residents to stay safe from the brutal south Florida heat, stay ready for major weather events or heavy rainfalls and check in and help your elderly neighbors this summer.

His newsletter addresses hurricane season and the tax-free shopping days to buy hurricane supplies.  It also speaks about the 911 call center, that has recently been in the news for understaffing.  Other items of interest include Broward County Rental Assistance Program, Mosquito Control Services, and Sea Turtle Nesting Program for those on the ocean.

Click here to read Vice Mayor Lamar Fisher’s complete newsletter.

Broward County Property Appraiser Marty Kiar discusses property assessment portability and its impact on you in his July newsletter.  Effective tax year 2021, a property owner who applied and was approved for Homestead Exemption for 2021 is eligible to apply for Portability if the property owner held a Homestead Exemption at a previous Florida home in one of the three previous tax years.  Portability allows eligible property owners to pay less property taxes at their newly homesteaded property by transferring all or a portion of the Save Our Homes (SOH) savings from one Florida property to another Florida property within the strict time frame allowed by law.  If you qualify, portability will reduce your property’s assessed value, resulting in tax savings this year and possible tax savings in future years depending upon the market value of your home each year.

Click here to read Marty Kiar’s latest newsletter.

In his latest monthly newsletter, Marty Kiar, our Broward County Property Appraiser, gathers property sales information across the county on an ongoing basis. The BCPA Market Report, which is updated on the 16th of every month, reflects the prior month’s sales data. These monthly reports provide a visual representation of the properties sold along with the median sale prices for residential properties. The top five cities with the most sales are also listed. The BCPA Market Report can be found at https://web.bcpa.net/bcpaclient/#/Report-Market-Sales

He also reminds us that veterans with a service-connected disability rating of 10% – 99%, or their surviving spouse, are eligible to receive a $5,000 exemption on their homesteaded property’s assessed value. Florida law also provides a full exemption for veterans with a 100% service-connected disability rating or the veteran’s surviving spouse.

To read Marty Kiar’s full newsletter, click here.