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R. Klein, EA
R. Klein, EA, Enrolled Agent
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Hi! Fulton county in State of Georgia resident buying $60k

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Fulton county in State of Georgia resident buying $60k airplane.
How much property tax and annual tax does she have to expect?
Please advise.

Randalltax :

Property tax is based on ownership on January 1. The rate for Fulton County in Atlanta city limits is 44.435 per thousand, so $60K generates a tax of about $2666. If within incorporated Fulton County, but outside Atlanta, it is 29.303 rate = 1758.00

Randalltax :

THe county taxes at 40% of the assessed value, so multiply the above numbers by .4 to get $1066 and $703 respectively.

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