{"ok":true,"canonical_url":"https://dealroom.so/glossary/property-tax","api_url":"https://dealroom.so/api/public/glossary/property-tax","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"property-tax","term":"Property Tax","group":"Reading the business","definition":"Taxes levied by local governments on real estate owned by the business. These are an ongoing operating expense that directly impacts the business's profitability and cash flow.","what_it_means":"If the business owns its real estate, property taxes will be a recurring expense you must factor into your cash flow projections. During due diligence, verify the current property tax assessments and ensure there are no outstanding liens or unexpected increases that could impact future profitability.","url":"https://dealroom.so/glossary/property-tax","official_sources":[],"related":[{"slug":"prorated-property-tax","term":"Prorated Property Tax","url":"https://dealroom.so/glossary/prorated-property-tax"},{"slug":"owner-occupied-commercial-real-estate","term":"Owner-occupied commercial real estate","url":"https://dealroom.so/glossary/owner-occupied-commercial-real-estate"},{"slug":"lease-agreement","term":"Lease agreement","url":"https://dealroom.so/glossary/lease-agreement"},{"slug":"cash-flow","term":"Cash flow","url":"https://dealroom.so/glossary/cash-flow"}],"related_questions":[{"question":"Do unfiled tax returns or overdue taxes prevent SBA approval?","url":"https://dealroom.so/sba-7a/questions/do-unfiled-tax-returns-or-overdue-taxes-prevent-sba-approval"},{"question":"What if the business I am buying has unfiled tax returns or overdue payroll taxes?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-am-buying-has-unfiled-tax-returns-or-overdue-payroll-taxes"},{"question":"What if the business I'm buying has unfiled tax returns or overdue payroll taxes?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-m-buying-has-unfiled-tax-returns-or-overdue-payroll-taxes"},{"question":"If I have unfiled tax returns or overdue taxes, will that prevent SBA 7(a) loan approval?","url":"https://dealroom.so/sba-loans/basics/if-i-have-unfiled-tax-returns-or-overdue-taxes-will-that-prevent-sba-7-a-loan-approval"},{"question":"What if the business I'm acquiring has pending tax audits or unresolved tax issues?","url":"https://dealroom.so/sba-7a/questions/what-if-the-business-i-m-acquiring-has-pending-tax-audits-or-unresolved-tax-issues"},{"question":"Can an SBA 7(a) loan cover the property taxes due at closing for the acquired real estate?","url":"https://dealroom.so/sba-7a/questions/can-an-sba-7-a-loan-cover-the-property-taxes-due-at-closing-for-the-acquired-real-estate"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Property Tax","url":"https://dealroom.so/glossary/property-tax","source_type":"DealRoom Data"}}