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realcentury2000 · Joined: 01 Jul 2009 Posts: 1 1.32 Dollars($)

What tax will I have to pay if I brought a foreclosure home,the assessed value or the price I paid?...For Example I brought home at $200,000.00 and was assessed for
$300,000.00 in Ca.

smithsussane · Posted: Thu Jul 02, 2009 12:08 am Post subject:

Hi realcentury!

Welcome to forums!

You can contact a tax assessor and he will let you know the exact value of the property. You'll will have to pay property taxes depending upon the assessed value of the property.

Sussane

gmakerley · Posted: Fri Jul 10, 2009 12:25 pm Post subject:

if you are referring to property taxes, the assessed value will determine the amount owed. if you're talking about some other sort of tax (state, local, federal), that's different. unfortunately, i cannot help with the latter situation.

Guest

Welcome,
I think you should see tax officer. You should take right information
by relatives of this forum.

gmakerley · Posted: Sat Jul 11, 2009 4:26 am Post subject:

i just don't get it.

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