eHow launches Android app: Get the best of eHow on the go.
Is Cost of Tax Preparation Software Deductible?
What Are Tax Preparation Centers?
How to Make Federal Budget Estimates
About Taxes & Buying or Selling a Business
What Is a Corporate Tax Credit?
How to Calculate Estate Tax Deduction
How to Fill Out W-4 Forms Correctly
How Are Property Taxes Calculated?
About IRS Form 3868
Who Must File a Tax Return?
About Unclaimed IRS Funds
IRS Rules & Regulations for FSA Accounts
What Happens When You Don't File a Tax Return?
What Is My Tax Bracket?
IRS 1099 Forms Instructions
1099-MISC Guidelines
What Are State & Local Taxes?
What Happens When You File Chapter 7 Bankruptcy?
How Not to Pay Federal Income Tax
What Are Tax Relief Provisions?
IRS Rules for Filing an Offer in Compromise
Purpose of State Income Tax
What Is a FICO Score Used For?
How to File Taxes for Free
What Is the Penalty for Not Filing Taxes?
Do I Need a Sales Tax ID Number?
Property taxes are taxes assessed on real property, real estate and the improvements made on land, such as… More
Curious about property taxes? Learn about real property tax in this free video clip about business tax ded… More
Learn how to budget property taxes in this free video on managing money & personal finances.… More
A vast majority of your owned assets and investments are considered to be capital gain, and owning rental … More
Everything you own and every part of your estate is subject to estate taxes. Learn what parts of estates a… More
You may have to file an estate tax return if a surviving spouse or charity is not set to inherit everythin… More
The federal estate tax is a tax on the estate of a deceased person. Along with the gift tax and generation… More
When a person owns a property, he must pay property taxes. These taxes are separate from school or village… More
There is no relationship between property taxes and lines of credit even if it is a home equity line of cr… More
One benefit of renting a house is not having to pay property taxes, but only homeowners are able to reduce… More
Real estate tax deductions are available to both single home residential owners and those who own multiple… More
Selling a piece of real estate doesn't necessarily have to translate into reporting a substantial capital … More
To get tax-free profit from selling a rental property the owner needs to have used and lived in the rental… More
Reverse mortgages don't affect property taxes, but it does cost a considerable amount of money to get an a… More
When buying a house with a real estate tax lien, hire a real estate lawyer to place bids, and get a proof … More
Summary: Property taxes are taxes assessed on real property, real estate and the improvements made on land, such as the addition of buildings. Learn how property taxes are expressed as a percentage of the appraised value with information from an independent CPA in this free video on property taxes.
Miranda Chook is a CPA with expertise in international operations. She has held executive positions with both publicly listed and privately held companies. In addition to her finance...read more
How to Shave Armpits
How to Shave the Back & Shoulders
How to Shave the Chest
How to Shave the Groin Area
How to Shave Your Head
How to Prepare the Face for Shaving
How to Shave Your Face
How to Shave Tricky Areas on the Face
How to Shave a Chinstrap
How to Shave a Goatee
How to Maintain Sideburns
How to Shave a Soul Patch
How to Trim & Shape Facial Hair
How to Maintain a Razor
"My name is Miranda Chook and I'm a CPA. We're going to talk about property taxes. Now property taxes are taxes assessed on real property, real estate, and the improvements to that land such as buildings. Property taxes are typically expressed as a percentage of the appraised value or sometimes it's a dollar value per thousand dollars of appraised value. Now the appraised value is typically given by professionals that are hired by the taxing authority such as the county in which you're living. Appraisals are conducted by professionals that are hired by the taxing authority such as the county. There are also exemptions that are sometimes available such as if you're a homeowner, in certain jurisdictions there are exemptions available to you that will reduce your appraised value and therefore reduce that base amount on which your property taxes are calculated. So check on those because sometimes they're not automatic and you actually have to apply for them. Now keep in mind that when you get property tax bill sometimes there are special assessments that are also included there. There aren't really officially property taxes, and those special assessment taxes are usually just set dollar amounts, sometimes they're percentages and they're usually out there for specific projects such as community colleges, or parks, or mosquito abatement. Now property taxes are not necessarily stagnant, even though the percentage itself may not change, the appraised value may change not only due to a reappraisal, for example if the property has not changed hands due to a sale but because each year the appraised value may increase and sometimes by law they only increase by certain percentages but in general your property taxes will increase from year to year."
eHow Article: How Are Property Taxes Calculated?
Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy. en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.
