What is the real estate tax due on this property?
Posted on July 1st, 2010 in Renting & Real Estate | 2 Comments »
Julie asked:
What is the amount of real estate tax due on a property with a market of $140,000 if it is assessed at 30% of market value, has an equalizer of 1.5, and a tax rate of $5 per $100 of assessed value?
Chicago Il Real Estate
What is the amount of real estate tax due on a property with a market of $140,000 if it is assessed at 30% of market value, has an equalizer of 1.5, and a tax rate of $5 per $100 of assessed value?
Chicago Il Real Estate
2 Responses
Campbelltown Pa Real Estate
Approximately 140,000 * .3 * 1.5 * 5/100
Boston Real Estate
$3150