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You are responsible for and can deduct the property taxes that apply to the period up to, but not including, the date of closing. Property taxes covering the date of closing and thereafter are the responsibility of and deductible by the new owner.
You are responsible for and can deduct the property taxes that apply to the period up to, but not including, the date of closing. Property taxes covering the date of closing and thereafter are the responsibility of and deductible by the new owner.
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