Business & Finance Taxes

Can Making Eco-friendly Upgrades To Your Home Reduce Your Property Taxes?

These days a lot of home owners are talking about their ecological footprint. Basically the damage we leave behind after our time on Earth. Many people have taken up recycling and have cut back on how much water and energy they use. Some homeowners are going one step further and making massive green upgrades to their home. Some are are very expensive; solar paneling, conservative gardening elements, electric water heaters and more.

Not only are these upgrades beneficial to the environment, but they may even help your bank account as well in the long run. Adding energy conserving elements to your home reduces your monthly expenses and increases your eventual resale value. The question remains; Does making eco-changes to my property change or reduce the amount of money that I must pay for my property taxes.

Property taxes are a necessary cost of owning a home in Florida, but you shouldnt have to pay more than your fair share every year. Especially when you are going the extra mile. When your home is assessed by the County Appraiser, they will determine the value of your home based on general conditions. They, more than likely, will not know about any eco-friendly upgrades that you may have made to your home. (Even if you did file a permit) If you are wondering whether you could potentially pay less for your property taxes and are entitled to a reduction because of green upgrades, the first thing you need to do is contact your County Appraisers Office.

The County Appraisers Office will be able to advise you over the phone if any reductions are granted because your home contains green elements. Once youve spoken with them, youll need to get a new valuation on your eco-friendly home. How can you do this easily without spending a fortune? MyTaxRights.com offers free home valuations and creates the necessary evidence to have your assessment reduced if one is warranted. It also carries a full library of forms and articles based on your area. Include a little additional documentation such as receipts and/or installation documents and you should be good to go.

Your environmentally friendly home might qualify for a reduction, so youll need to know what the new suggested assessment value is.

MyTaxRights.com uses the same methods used by live appraisers to determine what the value of your property is. However, their focus is specifically what the value is today. Over 60% of home owners that loose their tax appeal loose not because a reduction was not warranted, but rather, because they brought the wrong evidence.

If you do believe that you are entitled to a reduction of your property taxes, you can purchase your evidence package from MyTaxRights.com. If you dont win your appeal, youll get your money back for the package guaranteed.

If you have a green home, contact your County Appraisers Office to find out about reductions today. Then, visit MyTaxRights.com for your free tax valuation.
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