Yes, and actually the home was purchased on Jan 8th. The taxes which run Jan 1 through Dec 31 were about $3000. The seller gave a concession of let's say $4000 ...
I purchased a house the seller gave a concession on the price calling it for "real estate taxes": Looking at IRS publication 520: "The buyer is treated as payin...
I purchased a house the seller gave a concession on the price calling it for "real estate taxes": Looking at IRS publication 520: "The buyer is treated as payin...
