Questions: Karen and Dennis are buying a property. Their agent lets them know that this may trigger a reassessment and that they may see a
Tax decrease in the next assessment period
Tax freeze until the next assessment period
Tax increase in the next assessment period
Tax waiver for the first 12 months
Transcript text: Karen and Dennis are buying a property. Their agent let's them know that this may trigger a reassessment and that they may see a
\begin{tabular}{|l|l|}
\hline Tax decrease in the next assessment period \\
\hline Tax freeze until the next assessment period \\
\hline Tax increase in the next assessment period \\
\hline Tax waiver for the first 12 months \\
\hline
\end{tabular}
Solution
Solution Steps
Step 1: Identify the Possible Outcomes
The question presents four possible outcomes related to the tax assessment for Karen and Dennis:
Tax decrease in the next assessment period.
Tax freeze until the next assessment period.
Tax increase in the next assessment period.
Tax waiver for the first 12 months.
Step 2: Analyze the Given Information
The problem does not provide specific probabilities or additional details about the likelihood of each outcome. Therefore, we can only list the possible outcomes without further statistical analysis.
Step 3: List the Outcomes
The possible outcomes are:
\( \text{Tax decrease in the next assessment period} \)
\( \text{Tax freeze until the next assessment period} \)
\( \text{Tax increase in the next assessment period} \)
\( \text{Tax waiver for the first 12 months} \)
Final Answer
The possible outcomes are:
\( \text{Tax decrease in the next assessment period} \)
\( \text{Tax freeze until the next assessment period} \)
\( \text{Tax increase in the next assessment period} \)