The condo was paid about $1 million, abate means reduction. I did not the reduction, I paid $500 and $10,000 for abatement to the City. So the property tax is only $500 does not make sense. The lender sent me the escrow payment over the next year, this showed the estimate of the real Estimate Taxes $10,500. I am paying $10,500 to the City and do not get the reduction. So I can use $10,500 for the property tax in TT ? This condo was 1st sale date was 2011, it might have a abatement in the property tax for a while. When I bought in 2020, it might pass the abatement period..
