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You just bought a house in California for $500,000 and took out a $400,000 loan to do so. You had to pay property taxes at the time of purchase. What is the most you would pay in the form of ad valorem property taxes two years from now? You just bought a house in California for $500,000 and took out a $400,000 loan to do so. You had to pay property taxes at the time of purchase. What is the most you would pay in the form of ad valorem property taxes two years from now?
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To determine the maximum amount you would pay in the form of ad valorem property taxes two years fro... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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