Transfer Of TitleTaxes
Transfer Of Title Practice Question
Indiana's property tax caps limit taxes to:
A
No limits existB
1% of assessed value for homesteads, 2% for other residential, 3% for other propertyC
5% for all propertyD
10% of incomeExplanation
Indiana's circuit breaker caps property taxes at 1% for homesteads, 2% for other residential, and 3% for other property.
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