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PROPERTY TAXES

Friday is the deadline for homestead exemption applications

 

By Martha Brannigan

mbrannigan@miamiherald.com

Friday is the deadline to apply for a homestead exemption or other property-tax break with the Miami-Dade County Property Appraiser.

Two new exemptions are on the books. One aims to cut the tax burden for low-income seniors who have lived in their homes more than 25 years. The other is for the spouses of police and fire-rescue workers who have died in the line of duty.

Homeowners can apply for homestead and other tax cuts at the Property Appraiser’s offices or by calling 305-375-4091 for forms.

Information and online filing for homestead exemption also is available at the Property Appraiser’s website at http://www.miamidade.gov/pa/.

A homestead exemption excludes $50,000 of the assessed value of a primary residence from taxation and caps the annual increase in a property’s assessed value at a maximum of 3 percent.

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