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FinnZ [79.3K]
1 year ago
9

Generally, real estate taxes for a tax year are divided between the buyer and the seller based on ______.

Business
1 answer:
LenKa [72]1 year ago
6 0

In general, real estate taxes are divided between the buyer and seller based on the number of days each party held (or will hold) the property during the tax year.

<h3>What is Property tax?</h3>
  • Real estate taxes and property taxes are the same things.
  • They are levied on the majority of properties in the United States and paid to state and local governments.
  • Property taxes (or real property taxes) generate funds that are generally used to help pay for state and local services.
  • In general, real estate taxes are divided between the buyer and seller based on the number of days each party held (or will hold) the property during the tax year.
  • Investors can defer taxation by selling a property investment and using the proceeds to buy another property in a 1031-like-kind exchange.
  • Landowners can borrow against their current property's equity to make other investments.

Therefore, generally, real estate taxes for a tax year are divided between the buyer and the seller based on the number of days each party held (or will hold) the property.

Know more about Property tax here:

brainly.com/question/13887483

#SPJ4

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A shift from labor to equipment is:
leva [86]

Answer:

In summary, labor supply is the total hours that workers or employees are willing to work at a given wage rate. Changes in income, population, work-leisure preference, prices of related goods and services, and expectations about the future can all cause the labor supply to shift to the right or left.

6 0
3 years ago
A decrease in supply would best be reflected by a change from
Sergeu [11.5K]

When there is a decrease in supply, it would be reflected by a change from Curve A to Curve C.

<h3>How are supply decreases reflected?</h3>

When supply decreases, it leads to the supply curve shifting to the left to show that there is a lesser quantity available.

In the graph therefore, a decrease in supply would be shown as a shift from Curve A to Curve C or Curve B to Curve A.

Find out more on decreases in supply at

#SPJ12

6 0
2 years ago
What is economic growth
goblinko [34]
Hey there!

(economic) growth is when the country or the city is more wealthy in money. This would mean that there are not lacking in making this city or ect, look good, they have food to eat, water, and this is what make a economic city place look good. It is also when places have money to use on other thing's as a skating rink or things of that case.
3 0
3 years ago
Read 2 more answers
All of the following are true about selling a listed security "short against the box" EXCEPT: (A) It may be done to arbitrage (B
Alla [95]

Answer:

C. It is done to postpone taxes to a future date

Explanation:

Selling short against the box can no longer be done to defer tax to the next tax period

4 0
3 years ago
Suzi owns 100 shares of AB stock. She expects to receive a $238 in dividends next year. She also expects the stock to sell for $
lesya692 [45]

Answer: $42.63

Explanation:

To calculate this we will add the present value of Future cash flows (dividends) to the present value of the stock.

Dividend per share one year from now is,

= 238/100

= $2.38

Stock Price a year from now = $46

Discount rate is $13.5%

PV of sum = 2.38/(1+0.135) + 46/ (1 + 0.135)

= 42.6255506608

= 42.63

$42.63 is the Intrinsic value of the stock.

If you need any clarification do react or comment.

8 0
3 years ago
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