Page 5 - Abacoa Community News - April '21
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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
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