Property Taxes Advice

[Gene K.]

I recently purchased a 1700 sq ft townhome in Riviera Beach, FL. It's a rental property and currently, it is occupied by a renter. The property taxes for this unit are pretty high, around $4300 per year.

Not so long ago I got a sale verification letter from a Palm Beach property appraisal with a bunch of questions, like if it was financed, estate sale or short sale, approximate marketing time etc.

I'm trying to minimize expenses on this property as much as I can and I have a couple of questions. What is the purpose of sale verification form? Is there any way to lower property taxes?