Property Tax
Definition of 'Property Tax'A tax assessed on real estate by the local government. The tax is usually based on the value of the property (including the land) you own. |
|
Investopedia explains 'Property Tax'This tax is mainly used by municipalities for repairing roads, building schools and snow removal, or other similar services. |
Related Definitions
Articles Of Interest
-
How Property Taxes Are Calculated
Understanding how property taxes work will ensure that you won't be overcharged. -
Simple Ways To Save In Retirement
Balance saving and spending in your golden years with these simple tips. -
Retirement Living: Renting Vs. Home Ownership
Here are three simple questions you should consider when weighing this decision. -
A Tax Primer For Homeowners
Go beyond interest and find out how mortgage points affect your taxable income. -
When Owning Your Home Doesn't Pay
You may think it's better to own than rent, but there are many overlooked costs that could change your mind. -
Tax Tips For The Individual Investor
We give you seven guidelines to help you keep more of your money in your pocket. -
4 Overlooked Homeownership Costs
Mortgage payments aren't the only expense. Find what else you'll be on the hook for. -
The Hidden Costs Of Home Ownership
Mortgage lenders don't factor the extra costs into your loan amount. Make sure you save for the "little" things. -
5 Tricks For Lowering Your Property Tax
Find out what steps you can take to reduce your bill. -
A Concise History Of Changes In U.S. Tax Law
We look at how U.S. taxes have changed since their inception.
Free Annual Reports