Property tax rate for rental SFH or small multi-units in Las Vegas?

[Howard L.]

What's the formula for the property tax rate for rental properties in Las Vegas? Is there an online calculator for this?

I'm currently considering whether to 1031 a couple of rental SFH's I have in the DFW area over to Vegas.

Having lived in an owner-occupied house here for 3 years now and looking at my Clark County bill:

- The assessed value is only 25% of the current "quick and dirty" market value (Redfin, Z)

- There's a line item where property tax rate appears to be 3% of the assessed value

- ... however, another line item subtracts a lot from this because of the lag from owner-occupied increase cap percentage of 3% annually (if I'm understanding correctly

Also, despite changing hands 3 years ago, it's interesting that the assessed value didn't get re-assessed to the purchase price back then. My purchase price 3 years ago is still almost 3x the most updated assessed value by the Clark County Treasurer.

I imagine that the property tax rate can be calculated quite differently with residential rental properties. Can anybody shed some light?