Do you need to pay property tax for apartments in the United States?

(1) When buying a house in the United States, you do not have to pay taxes to governments at all levels.

If the housing developer’s offer is $500,000 and the bargain price is $480,000, the buyer needs to pay $480,000 to the developer or a real person and does not need to pay taxes to the government; no TOLL.

Buy your own home insurance company to buy home insurance; a home insurance company buys property insurance. Housing insurance companies and title insurance companies are private enterprises, and the government is not important.

If there is an intermediary, the intermediary will pay a certain intermediary fee (less than 3%). If it is a second-hand house, the seller pays an intermediary fee (less than 3%) to the intermediary between the buyer and the seller. But a real estate agent is not required to sell. Buyers and sellers do not have to worry about legal issues and direct transactions, and there are no intermediaries and intermediary fees.

In short, buyers and sellers of houses in the United States do not need to pay taxes or any other fees to the government.

(2) Real estate taxes on local regional infrastructure and education in the United States.

The real estate taxes levied by local governments in the United States can only be used in the fields of education and construction.

U.S. or federal real estate taxes. U.S. federal income tax on legitimate income (including businesses and individuals). Some states in the United States levy income tax on individuals; some states levy personal income tax and sales tax, but include real estate sales. Therefore, U.S. real estate taxes are not U.S. federal or state taxes. The real estate tax levied by local governments in the United States can only be used in areas such as education and construction, and the expenditure budget and tax budget are corresponding.

(3) Real estate taxes in the United States are determined by voters and the government negotiated by voters

U.S. local governments pass elections once a year. Real estate taxes or rates in the United States are announced to all residents by elected government officials to balance development and revenue, with many public hearings culminating in a vote by elected officials seeking input.

(4) The U.S. real estate tax has a complete legal system with legal protection

In the United States, if the taxpayer’s real estate tax is unfair, it can take 3 to 5 months. Taxpayers or taxpayers may participate in local government hearings and consultations; refuse to accept appeals from local governments.

Taxpayers do not pay taxes, VAT on interest; a certain number of local governments can help in court to force taxpayers to vacate their houses; auction houses are on the market. This is a rare thing, but it does happen.

For example, local governments use part of the tax revenue from the federal government to solve the housing problems of some poor people according to law. If some low-income elderly people in the United States can get senior apartments, some children from single-parent families can apply for a housing subsidy.

It can be said that the real estate tax law in the United States has a complete democratic and legal protection system.

(5) U.S. real estate files are open.

Content includes the names of U.S. real estate owners, the size and value of the home as well as the property, tax rate and tax amount.

Real estate, such as Yao Ming, 2013, located in Harris County, Houston. Harris County real estate website, enter the address of the real estate, you can see the details of the real estate price for 5 years and the two tax rates and tax amounts; for the real estate from 2011 to 2013, Yao Ming is a person's name; it changed hands in 2014. Some local government websites open all records of real estate history.

(6) In the United States, property tax rates vary.

Generally, the real estate market price is 1%-3%. For example, if the real estate market price of a house is $1 million, the annual taxes will be between $100,000 and $30,000. The real estate market price of a home is not necessarily the purchase price of the property.