Real estate taxes are annual taxes owed on the assessed value of assets that are immovable. Taxes apply to land and permanently attached structures, like a home or building.

“Real estate taxes are levies based on the assessed value of a residence that a homeowner must pay,” says Dustin Fox, Realtor and owner of Fox Homes in the Washington, D.C., area.

Taxes can be confusing. But it's important to understand how real estate and property taxes work, especially if you own land, a home or a vehicle. While many people use the terms interchangeably ...

Wealth advisers say handing down real estate is increasingly filled with both financial and emotional pitfalls for families.

Multiple states are considering repeals or reforms to property tax, which has risen steeply over the past five years.

Learn how Section 1250 impacts taxes on gains from depreciated real estate sales, including rules, examples, and key ...

It placed as having the fourth highest real estate property tax with a tax rate of 2.11 percent. In Connection, the annual tax on a $205,000 home in the state is $4,317.