Real Estate Math Video #5 – How To Calculate Property Taxes | Real Estate Exam Prep Videos

Calculating property taxes will most likely be a question on your real estate licensing exam. This video is part of a series of math calulation problems we’ve creted for our Real Estate Exam Prep Videos libruary. Key real estate terms discussed in this exam prep video is: mill levy, assessed value, appraised value and tax rate.

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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.

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