How to Calculate a Property Tax Percentage Increase

Next Video:
Taxes for Converting Your Home to a Rental....5

You can calculate a property tax percentage by taking a few key aspects of your situation into account. Calculate a property tax percentage with help from a managing broker with Windermere Real Estate in this free video clip.

Part of the Video Series: Real Estate Questions
Promoted By Zergnet


Video Transcript

Good afternoon. I'm Jim Jacobsen, real estate managing broker for Windermere in Seattle, Washington. Today's topic is the real estate taxes or real estate property tax and how they are determined. In our state they really are different for each county but in the county of King County in Seattle where I am, it's based on the mileage rate and the property tax assessor's office of our value and we break our value into the land and the improved values and that total evaluation, the combination of the two times mileage rate is a basic way to calculate real estate property taxes.


Related Searches

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!