The property tax year in your area is the calendar year, and the tax is due on August 15. The real estate taxes on the home you bought were $1,275 for the year and had been paid by the seller on August 15. You didn’t reimburse the seller for your share of the real estate taxes from September 1 through December 31.
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The following taxes were paid at the closing of a new home: $1,540 state documentary stamp tax on the deed, $693 state documentary stamp tax on the note, and $396 state intangible tax on the mortgage. What was the purchase price of the home?
The home equity theft reporter: doc stamp Calculation On Florida Short Sales To Be Based On Price Paid By Buyer, Not Seller’s Higher Mortgage Balance . Post By Stacy Langley .
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Approximate Date of Commencement of Proposed Sale to the Public: As soon as practicable after the effective date of this Registration Statement. If any of the securities being registered on this form.
If you buy property and take over an existing mortgage, you use the amount you pay for the property, plus the amount that still must be paid on the mortgage. Example: jan buys her home for $60,000 cash and assumes a mortgage of $240,000 on it. The starting point for determining her basis is $300,000.
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