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10 June, 12:46

Property taxes are based on

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Answers (2)
  1. 10 June, 12:55
    0
    property taxes are based on the purchase price of the property.

    Explanation:

    when you buy a home, the assessed value is equal to the purchase price.
  2. 10 June, 13:09
    0
    Property taxes are calculated by taking the mill levy and multiplying it by the assessed value of the owners property
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