Difference in property tax between commercial and residential RE?

Difference in property tax between commercial and residential RE?

Member since 2022 · 12 posts · 1 vote

Hi,

Is there a difference between commercial and residential RE when it comes to property taxes? Do they have the same rates?  Are there any differences between small or large multi?

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  • Lender · Rosenberg, TX · Member since 2022 · 287 posts · 130 votes
    3y

    Taxes all depend on the State and local municipalities.  Good thing is you can look them up on you Central Appraisal Districts website.

  • Real Estate Agent · Sarasota, FL · Member since 2020 · 140 posts · 75 votes
    3y

    Yes, as Adad noted, they do vary by area and are usually very easy to look up.  There will be companies that try to change for that info when you google, so make sure to go to the official website for the county or municipality depending on what state you are searching.

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