Cleveland Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago on . Most recent reply
Can someone help me on the tax rate
I am trying to get my head around the tax rate. This website is very useful
http://myplace.cuyahogacounty.us/
But I can't get around the numbers I see there. For a property in Shaker Heights city, the tax rate is 4.01%, so for a property of $77,300 total value, the tax should be 3100$ per year. But when I look at the detail bill here, I can't understand where "Gross Tax" comes from, also what is "Less 920 Reduction" ? I can't find much info on it as well.