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The term “just value” is legally synonymous with which value?
A notice is sent to property owners from the property tax appraiser in August each year, with information about the tax liability and the governmental entity levying the tax. The notice is called
The first step a property owner should take to protest the tax appraisal is
The county finds its millage rate by dividing the dollars needed from ad valorem taxes by the
With respect to ad valorem taxes, churches are
A homestead is assessed at $83,000. What is the homestead exemption for school board taxes?
A homestead is assessed for $48,000. What is the taxable value if a blind widow owns the house?
A special assessment is
A street is paved at a cost of $40 per running foot. An owner has 100 front feet, and the city has agreed to pay 25% of the cost. What will the owner pay?
Ad valorem taxes become delinquent on
The first date that a tax certificate buyer can file for a tax deed is on April 1st
For income tax purposes, the sale price of property minus any commissions paid is the
A homeowner sells her personal residence that she has owned for four years. Her capital gain from the sale was $187,500, and her ordinary income tax rate is 25%. What will she pay in taxes for this sale?
An investor sold an office property for a loss of $36,000 and had a capital gain of $25,000. The investor’s ordinary income for the year was $126,000. What will the taxable income of the investor be?
An investor owns a large tract of land that has been held for investment. If he wants to make a Section 1031 tax-deferred like-kind exchange, which property will NOT be appropriate to exchange into?