0
What else can I help you with?
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
Are property taxes fixed costs?
Yes
Is rates and taxes a fixed cost?
Rates and taxes are generally considered fixed costs because they do not typically fluctuate with the level of production or sales. They are recurring expenses that remain constant over time, regardless of business activity. However, changes in tax laws or property assessments can lead to adjustments in these costs, but such changes are usually infrequent and not directly tied to operational performance.
Does every rental property involve a rental property tax?
In the U.S., property taxes are generally paid by property owners. Renters generally pay a fixed monthly amount to the landlord/proprietor with no tax added.
Is property taxes a variable cost?
no....its a fixed cost
Rent payments and property taxes would be counted as?
Fixed cost
How do you determine fixed cost?
A fixed cost is a cost that does not vary. It doesn't matter if you produce 100 widgets or 100 million. You still have to pay taxes on the property.
Property taxes and rent payments would be classified as which types of costs?
Fixed Cost
What happen to the average fixed cost curve when there is a reduction in business property taxes?
It will shift down.
What property is taxed?
Property taxes are taxes on the value of owned property. Sometimes they are classified as either specific or ad. Property Specific taxes are of a fixed amount based on a number, or standard of weight or measurement. Ad property taxes are based on a fixed proportion of the value of the property with respect to which the tax is assessed.
Are property taxes fixed costs?
Yes
What property tax?
Property taxes are taxes on the value of owned property. Sometimes they are classified as either specific or ad. Property Specific taxes are of a fixed amount based on a number, or standard of weight or measurement. Ad property taxes are based on a fixed proportion of the value of the property with respect to which the tax is assessed.
Can you add property taxes to the cost basis of a property?
No, property taxes cannot be added to the cost basis of a property. The cost basis typically includes the original purchase price of the property and certain expenses related to the purchase, but property taxes are not considered part of the cost basis.
Does property taxes pay to fix a street?
yes they do pay to fixed the street
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
