Yes, if they live in apartments.
Yes, you can claim real estate taxes on your taxes as a deduction if you itemize your deductions on your tax return.
The term "real estate taxes" means the taxes on the property that you own. Your real estate is the property itself. This tax is generally payed annually to your county.
Real estate tax laws in the United States vary state by state. However, I do not know of any state that requires the seller to prorate real estate taxes. Instead the proration of real estate taxes is local custom and generally written into an agreement to buy or sell real estate. Contractually, upon agreement of the parties involved, the real estate taxes are generally prorated so that whoever owned the real estate during the calendar year pays for that same portion of the real estate taxes.
I thought EVERYONE was supposed to pay real estates taxes in New York.
Real estate taxes and sales taxes are two different forms of taxation.
Yes, of course. But there are no taxes on inheritance and real-estate.
Texas does not have low real estate taxes. They do not have an income tax though, which makes it cheaper in some respects.
You can get the information about California have a Homestead exemption on real estate taxes from www.californiachronicle.com/articles/66770 website
Only middle-class people pay a real estate tax.B.Real estate taxes make up a large part of the expenses of most middle-class people. Middle-class people benefit the most from real estate taxes. There is no good reason -- it is a myth.
Is the real estate tax the same as the property tax? Yes, real estate tax and property tax are frequently used interchangeably, but there are minor differences. Local governments levy taxes on land and structures, known as real estate tax. Property tax refers to both real estate and personal property taxes, such as those on vehicles, boats, and business equipment. Most people refer to property tax as real estate tax, which is based on the assessed value of land and structures.
Real Estate Board of New York was created in 1896.
If you want to have a list of real estate brokers in your area in New York, you can actually ask for a list from the New York State real estate department and have a list of licensed real estate brokers in the area.