video: Determining Property Tax Risks

 

This Fast Forward Stories video tells you about Property Tax risks.

The total amount of the previous years property taxes is usually included in the listing information.
If it is not, ask the seller for a tax receipt or contact the local assessors office.
Tax rates can change from year to year so these figures may be approximate.
Keep in mind that your mortgage interest and real estate taxes will be deductible.
A qualified real estate professional can give you more details on other tax benefits and liabilities.

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