Property Tax question?
I bought my home in June 07, the previous owner got the property for 525k and i bought it for 350k from the bank. My tax bill is for the 525k (6589.90). I also had an supplemental assessment for the difference of 525k-350k. For the 2008 year tax bill will my bill be less, reflect my purchase price of 350k or do i still have to pay the 525k tax bill?
Touch @ Evolve - Tuesday 6th January 2009
I bought my home in June 07, the previous owner got the property for 525k and i bought it for 350k from the bank. My tax bill is for the 525k (6589.90). I also had an supplemental assessment for the difference of 525k-350k. For the 2008 year tax bill will my bill be less, reflect my purchase price of 350k or do i still have to pay the 525k tax bill?
Touch @ Evolve - Tuesday 6th January 2009
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