|
Florida grants property tax exemption to institutional or non-profit organizations under certain circumstances.
Q. Who is entitled to property tax exemptions?
A. Qualified institutional or non-profit organizations that own and use their property for religious, literary, charitable, educational or scientific purposes may be entitled to the exemption.
Q. How much of the property tax is exempted?
A. If the entire parcel is used, the property may be totally exempt. If more than 50% is used for the non-profit purpose, the exemption is based on a ratio of the exempted use.
Q. If a non-profit leases property from an individual or a business, is the rented space property eligible?
A. No. The property itself must be owned and used by an exempt organization.
Q. What is the filing period for this exemption?
A. January 1 through March 1 of the year in which the organization is seeking exemption. Pre-filings are acceptable.
Q. How does an organization apply for this exemption?
A. By filing DR504, Ad Valorem Tax Exemption Application and Return with the Property Appraiser’s Office. Please call (561) 355-4523 for an application packet.
Q. Can the organization e-file for the exemption?
A. No. A DR504 must be requested and submitted with the required attachments.
For more information call (561) 355-4523.
|