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Property Taxes and What to Expect in Certain Areas

Property tax is assessed on real estate and is usually based on the value of the property you own. This tax is assessed by the local or municipal government and is typically used to repair roads, build schools, remove snow or other similar services in your area. Depending on what county you live in, you will see different tax rates and if you live within the city or town limits, you will see an additional tax for that municipality. In Maryland, county and city taxes are not all you will see on your tax bill. Below, we discuss some of…

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