Palm Beach County, Florida Property Taxes

In Palm Beach County, homeowners who believe their property tax assessments are inaccurate have the opportunity to appeal. The process begins with filing a petition with the county's Value Adjustment Board (VAB). This petition must be submitted within a specified timeframe after receiving the Notice of Proposed Property Taxes. Once the petition is filed, a hearing is scheduled where the homeowner can present evidence supporting their claim that the assessed value of their property is incorrect. This evidence can include recent sales data of similar properties, an independent appraisal, or any other relevant documentation that demonstrates the property's market value is lower than assessed.

During the hearing, both the homeowner and the county property appraiser's office will present their cases. The VAB, an independent board, will then review the evidence and make a determination. The potential outcomes of this process can vary. If the board finds in favor of the homeowner, the property's assessed value may be lowered, resulting in a reduced tax bill. However, if the board upholds the original assessment, the homeowner will be responsible for the original tax amount.

Ownwell can assist homeowners throughout this appeal process by providing expert guidance and support. Our team can help gather the necessary evidence, prepare a compelling case, and represent homeowners at the hearing. With our knowledge and experience, we aim to maximize the chances of a successful appeal, potentially saving homeowners significant amounts on their property tax bills. By partnering with Ownwell, homeowners can navigate the complexities of the property tax protest process with confidence and ease.

Palm Beach County offers several property tax exemption programs designed to provide relief to homeowners. One of the most significant is the Homestead Exemption, which is available to homeowners who use the property as their primary residence. This exemption can significantly reduce the taxable value of the home, thereby lowering the overall tax bill. To qualify, homeowners must have legal or equitable title to the property and occupy it as their permanent residence by January 1st of the tax year.

Additionally, Palm Beach County provides exemptions for seniors, veterans, and disabled individuals. Seniors aged 65 and older may qualify for an additional exemption if they meet certain income criteria. Veterans with a service-connected disability and their surviving spouses can also benefit from specific exemptions, which vary based on the level of disability. Furthermore, individuals with permanent disabilities can apply for exemptions tailored to their needs.

To apply for these exemptions, homeowners must submit an application to the Palm Beach County Property Appraiser's Office, typically by March 1st of the tax year. Ownwell can assist homeowners in navigating these programs by ensuring they meet eligibility requirements and providing guidance throughout the application process. By leveraging Ownwell's expertise, homeowners can maximize their potential savings and ensure they are taking full advantage of available exemptions.