Property Tax Ad Valorem

1
Chapter 6

• Property Tax (Ad Valorem)
• Determination
• Collection
• Exemptions
• Special Assessments
• Tax Revenue Bonds
• Deductibility
• Federal Income Tax

2

• Business Income
• Income
• Deductions
• Capitalizing Expenses
• Repairs / Maintenance
• Interest
• Depreciation
• Active Income / Earned Income
• Passive Income
• Portfolio Income
• Capital Gains

3

• Adjusted Basis
• Cost Recovery
• Allocation of Land and Building Costs
• Other Tangible Property