SErvices

---

 The review and appeal of real property values in Florida is one of the most important “value-add” services we offer to our clients. With the ever-changing real estate markets in Florida, effectively managing your assessments is an area where we to consistently exceed expectations. Assessors are legally required to value fee simple (unencumbered) in a state where investors and the market value leased fee. Is the purchase price of your asset always market value? Quite often that answer is no. That disconnect can result in properties being significantly over-assessed it’s up to the taxpayer or their agent to address these issues. In Florida, the burden of proof for an appeal is typically on the taxpayer, and once a case is decided there are no second chances. Understanding the tax code and how the assessors should value the property makes all the difference. Over the last 15 years we have built a strong record of reducing our clients’ assessments through the appeals process and delivering exceptional results on a consistent basis. 

 When investors are considering an acquisition, understanding the tax implications is a crucial issue. PTF can prepare a 5-year tax estimate for underwriting that provides the buyer with a clear vision of how an acquisition will impact their taxes after the sale. The acquisition of real property and the resulting increase (or decrease) in taxes that can occur is not always clear. We have extensive experience in assisting our clients through this process by providing detailed pre-acquisition tax estimates that consider the crucial issues that can impact your assessment and the resulting tax bill. 

PFT provides general consulting services to our clients, including annual tax budgets, lease reviews and all other tax matters.

 Proactive or reactive? Smart investors and  developers understand the impact an over-assessment can have on their bottom line. When recently purchasing or completing of new construction in Florida, the subsequent year becomes the most important valuation to consider. How you plan for it and manage it can make all the difference. Real estate development is a complex and challenging environment, regardless of where you build, and managing your costs is essential to a successful development. PTF has a strong track record of working proactively with the taxing jurisdiction to secure a fair assessment at the completion of your new construction project. We help our clients to be proactive with their assessments when reactive is not an option.