Page 5 - Abacoa Community News - April '21
P. 5
Abacoa, Page 5
Palm Beach County Property Appraiser’s Office
Dear Taxpayer: Also, as “Snowbird Season” comes to a close, property Palm Beach County Property
Happy spring! owners who benefit from the homestead exemption and are Appraiser’s Office Service
My office continues to considering renting all or a portion of their homesteaded
work on the 2021 tax roll property should review the important information below on Centers
and make preparations for short-term rentals on a homesteaded property.
the release of the estimated I hope you find this information beneficial and interesting. While a vast array of services and information are
2021 taxable property values Respectfully, available online 24/7 at pbcgov.org/PAPA, my office
to the Palm Beach County Dorothy Jacks, CFA, AAS, maintains five service centers, conveniently located
taxing authorities. Palm Beach County Property Appraiser throughout Palm Beach County and staffed by qualified
These preliminary We Value What You Value professionals. They administer the homestead exemption,
estimates (which are officially additional property tax exemptions, mailing address and
released at the end of May of ownership changes, portability applications, and more.
each year) assist the county, its municipalities, and other taxing 2020 customer service by the numbers:
authorities in projecting their budgets and tax rates and also • Phone calls: 67,102
provide a benchmark as to what revenue they can expect to • Counter visits: 26,450
receive from property taxes in the coming year. • E-Files: 15,690
The preliminary tax roll will reflect the impacts of COVID-19 • Total new homestead exemptions: 29,449
across Palm Beach County’s property market. While markets • Portability applications: 5,616
were slow in the early days of the pandemic, the second half of
the year saw record sales in both counts and prices. These sales Renewal Of Limited Income
will be factored into the 2021 valuations. Stay tuned.
A reminder about the limited income senior citizen Senior Citizen Exemption
exemption: Unlike the homestead exemption, this requires
annual renewal. Your renewal form must be returned Earlier this year, my office mailed out renewal
(postmarked) to my office no later than May 1, 2021. applications for those who qualified for the additional
Qualifications and statutory requirements are listed in this The Boca Raton Inlet, as seen from the Pictometry tool at exemption for persons age 65 and older. The renewal form
month’s newsletter. pbcgov.org/PAPA must be returned (postmarked) to the Palm Beach County
Property Appraiser’s Office, 1st Floor, 301 N. Olive Ave.,
West Palm Beach, FL 33401, no later than May 1.
This is an additional homestead exemption of up to
Vino With Sting! $50,000 for Palm Beach County residents who:
• Own a property that has a homestead exemption; and
• Are aged 65 years and older;
• Have a cumulative adjusted household gross income
By Laura Berrio, Freelance for returning Il Palagio to its previous glory. Now, every (excluding tax-exempt bond interest or non-taxable social
Writer/Blogger August, Sting holds a party for everyone to celebrate and security income) of all persons living in the home of $31,100
Who wants to go to Italy thank them for their support. They eat, drink wine and of or less for 2021.
and stay at Sting’s Tuscany course he sings a few songs! This exemption applies only to the property taxes levied
Estate and Vineyard? (I want to be on this invitation list!) by the taxing authorities granting the exemption for 2021.
You can rent out the entire Sting has named the wine produced from the vineyard For a list of those taxing authorities, visit pbcgov.org/PAPA.
estate, main house, guesthouses after some of his hit songs … (Message in a Bottle, Roxanne, Section 196.075, F.S. – Additional Homestead Exemption
and grounds for up to 500 Sister Moon) just to name a few. for Persons 65 and Older.
people! When I checked on the Sting said, “A wine is like a song – it has a story to tell.” (a) “Household” means a person or group of persons
price, it appears to be a case of, Sister Moon has been listed as one of the top picks by living together in a room or group of rooms as a housing
if you have to ask, you can’t Wine Spectator Magazine. unit, but the term does not include persons boarding in or
afford it! You can travel to Italy to check it out, or run to your renting a portion of the dwelling.
It all began when Sting and his wife Trudie were looking favorite wine store! (b) “Household Income” means the adjusted gross
for a summer home in Italy. They found a run-down estate Try a few and message me on your favorites!! income, as defined in s.62 of the United States Internal
that formerly produced honey, olive oil and wine. They ~ Cheers Revenue Code, of all members of a household.
bought the property, Il Palagio, because of the view! Then ~ Keep the conversation going and If you file a tax return, this is the amount reported on IRS
they began a decade-long project of bringing the estate, the wine flowing! Form 1040, line 7. If you do not file a tax return, adjusted
vineyard and olive groves back to life. Follow the Vine on Instagram gross income includes, but is not limited to wages, salaries,
Sting invited all of the neighbors and town locals to @VineVibeUncorked. tips, taxable interest, ordinary dividends, capital gain
the farm shop on the estate for a party to share their plans distributions, taxable IRA distributions, taxable pension and
Paid Advertisement annuities, unemployment compensation, and taxable Social
Security benefits.
For questions, please contact Exemptions Services at
(561) 355-2866 or myexemption@pbcgov.org.
Short-Term Rental Of A
Homesteaded Property
NoN-Toxic cancer immunotherapy You may rent your homesteaded property for 30 days or
less per calendar year and maintain a homestead exemption.
Available NoW Rental for more than 30 days for two consecutive years or
for more than six months constitutes abandonment of a
homestead exemption.
Safe and Effective! year does not affect the homestead exemption for that
Exempt property rented after January 1 of any
particular year. If the property is rented on January 1 of
This is the Original Immunotherapy that the following year or the terms of the lease are six months
or more, the exemption will be denied. Property owners
balances and optimizes your immune system to are required to notify the Property Appraiser’s Office
fight almost any type of cancer. when their property no longer qualifies for exemption.
Failure to do so could result in a homestead tax lien with
substantial penalty and interest.
Hundreds of successes over the years. Be aware of the law before deciding to rent your
property. (Florida Statute 196.061 and 196.011 (9) (a)).
Continuously available since 1977 For more information, visit pbcgov.org/PAPA or contact
Exemption Services at (561) 355-2866.
in Freeport, Grand Bahama Island
See our website for more info:
www.Quantumimmunotherapy.net
or call for more information: Toll-free number (561) 766-0878
Email: Quantimmuno@gmail.com