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Life in the USA is a complete guide to American life for immigrants and Americans. All materials on this siteCopyright © Elliot Essman 2007. All rights reserved. Home Back Next
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Life in the USA Personal Finance Taxes
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Property Taxes
Property taxes are charged by local governments, most often to pay for public schools. If you rent an apartment, you usually don't have to worry about these taxes. Property taxes are computed according to a complicated system of real estate valuation (assessment). If you are assessed property taxes, your community will have a procedure that will allow you to appeal the assessment and ask for a lower tax bill. Next Section: Estate and Gift Taxes Personal Finance: Chapter Home
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