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Butoxors [25]
3 years ago
9

Mona inherits her mother's personal residence, which she converts to a furnished rent house. These changes should affect the amo

unt of ad valorem property taxes levied on the properties.
a) true
b) flase
Mathematics
1 answer:
gayaneshka [121]3 years ago
7 0

Answer:

The answer is true.

Step-by-step explanation:

An ad valorem tax is based on the assessed value of a property. These include property taxes on real estate, sales tax on consumer goods etc,

When you are earning rent from a property, then you have to pay some tax for it, that will surely affect the amount of ad valorem property taxes levied on the properties.

Therefore, the answer is true.

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