How to Figure Out the School Tax on Your Property

Here’s an interesting real estate math problem and how to solve it, thanks to David Saks of the Real Estate Mart of Tennessee.

 

You’re trying to access how much of your property tax goes for the public schools, so here’s how.

 

David’s example is for a property valued at $58,000 and the school taxes for  a $15.55 rate per $1,000.

 

Go to solve real estate math problem  

 

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