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14 May, 18:48

What is a factor that determines the property tax on a home?

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  1. 14 May, 21:56
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    The assessed value will be determined by taking the actual value of the property and multiplying it by an assessment rate. The assessment rate is a uniform percentage and varies by tax jurisdiction, and will or could be at any percentage that is below 100%. This whole factor is after determining the market value for the property.
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