All categories

1 year ago

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

1 answer:

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

You might be interested in

A ______ is a firm that produces the entire market supply of a particular good or service

shutvik [7]

the answer to ur question is industry

4 0

3 years ago

Three attraction places found in SA

tatuchka [14]

Answer:

The Garden Route

The Cape Town

5 0

3 years ago

Product V72 sells for $20 per unit as is, but if enhanced it can be sold for $25 per unit. The enhancement process will cost $52

Furkat [3]

Answer:

It will incur an Opportunity cost of $8,000.

Explanation:

It will incur the opportunity cost of $8000 because the additional unit produces by the company then the additional revenue that is generated will be equal to the amount (25 - 20) x 12,000 = 60,000. Since the additional cost, that incurs for the production of 12000 units is 52000. Therefore the profit earned is $8000.

So if the company does not produce it then it will lose the profit of $8000.

3 0

3 years ago

Due to ____, market forces should realign the cross exchange rate between two foreign currencies based on the spot exchange rate

aksik [14]

Answer:

Triangular Arbitrage

Explanation:

Arbitrage is the financial practice in which the prices of two or more different markets are taken advantage of to make profit as a result of tthe imbalance in the prices of the markets.

Also known as 3 point or cross currency arbitrage, Triangular arbitrage is the taking advantage/ exploiting of the pricing differences between 3 currencies on the foreign exchange market.

Simply put, triangular arbitrage is a situation in which the exchange rates between 3 currencies are not the same.

Triangular arbitrage is difficult to come by as it requires very advanced computer systems to detect and take advantage of.

I hope this helps.

6 0

3 years ago

A marketer is keeping track of the revenue generated by his campaign. He wants to

lakkis [162]

Answer:

C). A revenue-focused bidding strategy.

Explanation:

As per the details given in the question, <u>'a revenue-focused bidding strategy' </u>will most likely assist the marketer in upkeeping his needs as his<u> key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him</u>. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, <u>option C</u> is the correct answer.

8 0

3 years ago