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it should not unless you file bankrupt
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∙ 13y ago
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Is property taxes a variable cost?
no....its a fixed cost
What is an author's annual mortgage?
An author's annual mortgage refers to the total cost of their mortgage payments over the course of a year to finance their home. This would include the principal loan amount, interest, property taxes, homeowners insurance, and any other fees associated with the mortgage.
Does annual property tax depends on purchasing cost?
In most states in the United States the annual property tax does not depend on the purchase price or acquisition cost. Only is certain states like California are property assessments and taxes associated with the most recent sales price. Property assessments and taxes within the United States vary from state to state so you will want to check with a local assessor from the state where you are interested in buying real estate.
Are property taxes a fixed cost?
Yes
Do renters have to pay property taxes?
No, renters do not pay property taxes. Property taxes are paid by the owners of the property. They may pass that cost down to you through rent, but it will likely be spread out over months.
Are property taxes on buildings a period cost or a production cost?
indirect product cost
What is an example of a standby cost?
The firm will incur standby costs even if it does not use existing capacity; examples include property taxes and depreciation on a building.
Rent payments and property taxes would be counted as?
Fixed cost
Property taxes and rent payments would be classified as which types of costs?
Fixed Cost
What happen to the marginal-cost curve when there is a reduction in business property taxes?
There will not be any change.
If I pay someone elses property taxes does the property become mine?
No, paying someone else's property taxes does not automatically mean that you own the property. Property ownership is determined by the legal title and deed, not by paying taxes on behalf of someone else.
What happen to the average variable cost curve when there is a reduction in business property taxes?
There will not be any change.
