Even though Florida has a median property tax rate that is slightly lower than other states in the U.S., many homeowners in Lee County, FL are paying around $2,100 a year in property taxes for homes valued at around $210,000.
As many homeowners continue to battle inflation, there’s never been a better time to look into lowering the cost of your property taxes with the help of experienced tax consultants Bonita Springs from ARE Solutions.
When it comes to lowering your taxes, you may also be wondering why it’s sometimes necessary. The quick answer is that because Florida doesn’t have a sales tax, the state tries to earn back money through property taxes. In other words, you may be paying more in property taxes than you really have to.
Attempting to lower property taxes yourself is possible. And, the first thing many people do is file for something called Homestead benefits. If granted, Bonita Springs homeowners may be able to reduce the value of their property taxes by as much as $50,000.
In order to apply for these benefits, you’ll need to file a DR501 form with the Property Appraiser’s office in Lee County. However, it’s the rest of this process that can be complex and require a helping hand from property tax consulting Bonita Springs firms like ARE Solutions.
In some cases, like with a Homestead benefit, you may not get approved due to missing the deadline to file. However, in other cases, you may run into issues due to your home not being appraised annually. The problem with this is that it may mean you’re paying property taxes at a higher rate than what your home is actually worth; that’s where filing a property tax appeal in Bonita Springs comes in handy.
A property tax appeal is often a complicated process. There are tons of forms to fill out and deadlines to meet and it can be easy to miss them if you’re just doing them yourself.
Furthermore, if you lack experience in this industry, it can make trying to understand the value of your home and property taxes more difficult. A professional will review your home and tax information and file the petition to the Value Adjustment Board in Lee County and fight on your behalf to save you money.
To get started, go ahead and give our property tax reduction Bonita Springs team at ARE Solutions a call. We can be reached at (561) 203-2344. Or, you can fill out your contact information via our easy submission form by clicking here.
Many residents of Bonita Springs want to save money but may not be aware of the solutions available to them, such as being able to lower property taxes with the help of ARE Solutions.
After you submit your appeal, it’s important to remember that you may not see results right away. In fact, it may take a few months for your appeal to be reviewed by the Value Adjustment Board (VAB). This is simply due to how many appeals they receive during the year.
However, don’t be discouraged by this timeframe. As long as you have the ball rolling, so to speak, you’re on your way to saving money. If you have questions about this process, you’re welcome to give our team a call to discuss them. We will work with you to review your property, even in as little time as two weeks before Lee County’s filing deadline, which is 25 days out from when the TRIM (Truth in Millage) notice was mailed to you.
Contact ARE Solutions to learn more about this lingo and what it means for you and your ability to file an appeal: (561) 203-2344.
Why should you choose ARE Solutions to lower property tax in Bonita Springs? We have over a decade of experience helping homeowners and commercial business owners in Bonita Springs and throughout Lee County successfully lower their property taxes.
In fact, over the course of a decade, we’ve been able to help residents save over $100 million in collective savings when it comes to property tax reductions. If you want to save money on your home or commercial property, you need to turn to a company like ARE Solutions, which has a proven track record of success. We welcome you to check out our testimonials to hear from clients who are now enjoying lowered property taxes because of our assistance.
We handle every step of the tax reduction process, from reviewing your property taxes to filing the appeal with the board, supplying evidence to back up the cause of the appeal, and attending hearings on your behalf. There’s never been a better time to save money! Get started with ARE Solutions today.
Providing property tax consulting throughout Chatham County.
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Please feel free to read our testimonials:
“Last year our firm used ARE Solutions to appeal our valuation and saved $3,320 or 26% of the initial real estate tax bill! It was well worth what little effort I had to make – I only wish I’d have done this years before. ”
-Mark B. – Sarasota, Florida