INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-Real estate is taxed by [the state of residence | the state where the property is located].

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-Real estate is taxed by [the state of residence | the state where the property is located].

Quizplus · Accepted Answer

Real estate taxes are typically assessed by the local government of the state in which the property is located, not by the state of residence of the owner.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which