You Might Be Overpaying Property Taxes Without Knowing It

Tomás Regalado is Miami's former mayor and current property appraiser — and in this episode, he breaks down everything you need to know about Amendment 3, your property taxes, and whether you might be overpaying without even realizing it. He explains exactly how the amendment works, what it means for homesteaded properties, and how a regular Miami family could save $1,600 in year one and $3,000 in year two.

He also reveals that his office has found 89,000 people who qualified for exemptions they never knew about — returning $6 billion to residents' pockets. Plus the truth about the $400 million Miami Forever bond that commissioners carved up for themselves, fire stations left to rot so developers could get the land, and why the county budget ballooned from $9 billion to $14 billion. Plus his top 3 restaurants.


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Produced by: Ben Schwede
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0:00 Intro
1:15 History of How We Got To Upcoming Property Tax Reform
5:45 $14 Billion County Budget
7:48 Funding School System from Property Taxes
9:11 Largest Number of Homestead Exemptions Are in Miami-Dade
10:57 How the Reduced Property Taxes Would Impact County Government
13:36 Should You Vote Yes or No on Property Tax Reform
16:02 How Your Mortgage Will Go Down with Property Tax Reform
16:54 What Will Happen If You Rent Out Your Primary Residence
17:43 What Happens If You Rent Out a Room in Your Homestead Exempted Residence
18:49 What is Fire Rescue Operating Actually For
24:31 Miami Forever Bond, Dilapidated Fire Stations and Police HQ
29:36 Can the Upcoming Bond Be Used for Other Purposes Aside from Fire and Police Renovations?
30:58 Did the City Let These Buildings Get Dilapidated on Purpose?
31:37 Independent Constitutional Officers in Miami-Dade County
34:06 Property Values in Miami
37:04 How Did County Government Spend an Extra Few Billions in Their Budget
39:22 Ridiculous Salaries of Government Employees
43:07 Does He Have Any Regrets from His Time as Mayor?
45:00 His Thoughts on DDA
49:46 What to Do If You Don’t Agree with Your Property Appraisal
53:05 How He Helped Residents Save $6 Billion in Exemptions
54:36 What Exemptions You Might Be Missing Out On?
56:37 His Thoughts on the Signature Bridge
59:48 Extending Metro Mover to South Beach
1:00:54 Top 3 Restaurants
1:03:43 Outro