These investments will tend to generate modest annual tax bills and, when there are taxes to be paid, they will typically be paid at the long - term capital gains rate. (humbledollar.com)
Second, the strategies involved can generate big annual tax bills, so the funds are best held in a retirement account. (humbledollar.com)
So, for example, if your assessed value is $ 10,000 and your mill rate is 75 mills, your total annual tax bill would be $ 750. (smartasset.com)