Emma's property is assessed at $650,000. Her property qualified for a $50,000 homestead tax exemption and was appraised at $800,
2 answers:
Answer:
$600,000
Step-by-step explanation:
Emma's property is assessed at $650,000.
Her property qualified for a $50,000 homestead tax exemption and was appraised at $800,000.
Emma's taxes will be based on the assessment and not the appraisal.
She also gets the $50,000 tax reduction.
Hence, the taxable value of Emma's property will be = dollars.
The answer is $600,000
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