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  • Added for You - March 1st is Florida's Filing Deadline

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    t is not synonymous with 501 C(3) classification under the federal Internal Revenue Code.

    The two exceptions to this rule are educational and agricultural properties, which are discussed separately bel

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    March 1 is the annual filing deadline for property tax exemption in Florida. This includes not only the homestead exemption, but also charitable, religious, educational scientific and literary exemptions, as well as agricultural classification.

    Here are a few FAQs related to Florida's valuable exemptions and exceptions from full-value property taxation.

    The Property Appraiser's Office in each county administers property tax savings on properties that qualify for Florida's exemptions. Eligible properties are those which are owned by a nonprofit entity and used exclusively or predominantly for qualifying non-profit purposes. If used exclusively for qualifying purposes, applicants otherwise eligible for exemption may find the taxes on the property wholly ELIMINATED, irrespective of its value. Note that nonprofit is not synonymous with 501 C(3) classification under the federal Internal Revenue Code.

    The two exceptions to this rule are educational and agricultural properties, which are discussed separately belo

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    well as agricultural classification.

    Here are a few FAQs related to Florida's valuable exemptions and exceptions from full-value property taxation.

    The Property Appraiser's Office in each county administers property tax savings on properties that qualify for Florida's exemptions. Eligible properties are those which are owned by a nonprofit entity and used exclusively or predominantly for qualifying non-profit purposes. If used exclusively for qualifying purposes, applicants otherwise eligible for exemption may find the taxes on the property wholly ELIMINATED, irrespective of its value. Note that nonprofit is not synonymous with 501 C(3) classification under the federal Internal Revenue Code.

    The two exceptions to this rule are educational and agricultural properties, which are discussed separately bel

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    administers property tax savings on properties that qualify for Florida's exemptions. Eligible properties are those which are owned by a nonprofit entity and used exclusively or predominantly for qualifying non-profit purposes. If used exclusively for qualifying purposes, applicants otherwise eligible for exemption may find the taxes on the property wholly ELIMINATED, irrespective of its value. Note that nonprofit is not synonymous with 501 C(3) classification under the federal Internal Revenue Code.

    The two exceptions to this rule are educational and agricultural properties, which are discussed separately bel

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    on-profit purposes. If used exclusively for qualifying purposes, applicants otherwise eligible for exemption may find the taxes on the property wholly ELIMINATED, irrespective of its value. Note that nonprofit is not synonymous with 501 C(3) classification under the federal Internal Revenue Code.

    The two exceptions to this rule are educational and agricultural properties, which are discussed separately bel

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    t is not synonymous with 501 C(3) classification under the federal Internal Revenue Code.

    The two exceptions to this rule are educational and agricultural properties, which are discussed separately below.

    Educational properties must be operated by accredited educational institutions. If owned by a for-profit entity, tax savings must be passed through to the qualifying operator of the educational institution in order to be eligible for exemption. The property must be used exclusively not just predominantly for educational purposes in order to qualify. That said, the structure to be used for educational purposes need not yet be constructed, provided affirmative steps have been taken to prepare the property for educational use by January 1st of the tax year. Consult the county Property Appraiser or a property tax consultant to ascertain whether a particular property qualifies.

    Agricultural classification is not an exemption but an exception to full value taxation. The benefits conferred may reduce the taxes o

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