Here are some of our more Frequently Asked Questions. If you can’t find your answer here, please call us.
What is a contingent fee agreement?
You are only required to pay us if we succeed in reducing your assessment.
Are we responsible for any costs?
There is no upfront cost. You pay only if we are successful, there is no fee if we are unsuccessful. We pay the $15.00 filing fee charged by the Value Adjustment Board for each parcel in connection with our agreement.
If our rental income is strong, does this affect our ability to obtain a reduction of our assessment?
By law, tax assessments are to be based upon “Market rents”, and not actual rent. This means that the Property Appraiser cannot assess a successful property owner differently than a property owner who mismanages his or her property.
If you file a petition, can the Value Adjustment Board raise our assessment?
The Value Adjustment Board only has the power to sustain or reduce the assessment.
Is the rent my company pays to me relevant to the assessment of my property?
Assessments are based upon “market rents”, and not leases between related parties.
Does the amount of my mortgage payments affect my assessment?
Assessments are based upon the value of property, unencumbered.
We pay substantial tangible personal property taxes. Can you assist us in reducing our personal property tax assessment?
Yes. We have represented Florida’s largest financial institutions, as well as other major firms, in connection with their tangible assessments.