Understanding Real Estate and Property Taxes
This is a news story, published by MSN, that relates primarily to Tax Policy Center news.
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Real estate taxGOBankingRates
•What’s the Difference Between Real Estate Taxes and Property Taxes?
82% Informative
Real estate taxes are based on the value of the property and are usually paid to school districts and local and state governments.
Personal property taxes are taxes levied on personal property as opposed to real property.
They often fund schools and roads and other public works projects.
Property owners in all 50 states pay real estate tax, according to Tax Policy Center .
VR Score
82
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77
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83
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