How much property tax and house insurance the owner need to pay for a $1M house if the house mortgage is paid off already.
Thanks
Question about property tax and insurance
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It depends on your county's tax rate, for example 2%
-miat42-
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04/30/2008 postreply
13:48:02
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thanks, the property tax is tax deductable, am I right?
-handblade-
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04/30/2008 postreply
13:54:58
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Right
-miat42-
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04/30/2008 postreply
14:06:59
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It depends.
-CaLoanAgent-
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04/30/2008 postreply
16:05:50
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Not if you have to pay AMT
-mm48-
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04/30/2008 postreply
17:21:59