---

Do I owe taxes on a property sold since it was never brought up at closing?

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
mycatieg Joined: 14 Jul 2011 Posts: 1 1.00 Dollars($)	Posted: Thu Jul 14, 2011 8:53 am    Post subject: Do I owe taxes on a property sold since it was never brought Like 0 Dislike 0 We sold property at auction in WI. In that state, they collect their property taxes for 2011 in 2012. Weird, but true. Since we sold our property in Feb. 2011, we owe 2 month's of taxes. It was never collected or brought up at the closing. Are we liable for the tax for that period or is the buyer? My attorney is of no help. And yes, we had an attorney represent us. The tax dept. said they send the bill out for 2011 in Dec. I don't want to wait that long to find out I owe the money for those 2 month's in 2011 that we owned the property. Do we owe it or does the new owner?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Thu Jul 14, 2011 9:07 pm    Post subject: Like 0 Dislike 0 Hi mycatieg! Welcome to forums! As far as I can understand, you will be liable for the taxes of those two months. Sussane
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Fri Jul 15, 2011 12:32 pm    Post subject: Like 0 Dislike 0 Why not ask the taxation authority? _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0