A Live Local Act Consultant in Key West That Gives Straight Answers
We prepare property tax exemption filings under Florida's Live Local Act for owners of qualifying rental properties. Our work is careful paperwork and plain explanations: whether a property qualifies, what the exemption could be worth and which deadlines matter before anything is filed.
Why We Work This Way
The Live Local Act opened a meaningful property tax exemption for owners who set aside units for residents within set income limits. It also introduced a chain of steps that has to be done in order: certification through the Florida Housing Finance Corporation, the DR-504AFH filing with the county property appraiser, income checks on residents and a fresh round every year. Miss one link and the exemption can be lost for that year.
Owners often hear that the exemption is worth pursuing, yet struggle to get a clear answer on whether their property qualifies or what the filings actually involve. We built our practice around that gap. We answer the eligibility question first, explain the reasoning and only then talk about filing.
We would rather tell an owner early that a property falls short of the unit or income thresholds than prepare an application that will not hold up. That honesty saves our clients time, and it means the filings we prepare are ones we expect to stand.
What You Can Expect From Us
The answer before the paperwork
Your first call gets a free eligibility check. We look at unit counts, rent levels and the income limits that apply, then tell you plainly whether the exemption fits and why.
An estimate you can follow
Our free savings estimate shows how we reached the number: which units count, which exemption tier they fall under and how the assessed value feeds in. If an assumption changes, you can see exactly where the figure moves.
Filings assembled with care
Each FHFC certification and DR-504AFH package is checked against the rent rolls and resident income records before it leaves our office. Small mismatches between documents are the most common reason a filing stalls, so we look for them first.
The calendar handled for you
Annual recertification and resident income verification come around every year. We track the dates and tell you what we need from your property manager well ahead of each one.
Where We Work
We serve property owners in Key West and the surrounding area of Monroe County, where rental costs make set-aside units both valuable and closely reviewed. Most of our work happens at our office or by phone and video, so a review rarely needs more from you than a conversation and access to your property records. When questions come up between filing seasons, our ongoing compliance support keeps one point of contact on hand who already knows your file.
- Key West
Start With a Clear Picture
Tell us about your property and we will walk through eligibility, likely savings and the filing steps in plain terms. There is no cost for the review and no pressure to go further.