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Tax, SDIRAs & Cost Segregation

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80
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Paul A.
  • Rental Property Investor
  • Syracuse NY
16
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80
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Taxes not paid prior to purchase

Paul A.
  • Rental Property Investor
  • Syracuse NY
Posted Mar 24 2015, 11:09

Hello All,

I purchased my first rental property last June. Taxes are due twice a year here, and I just found out that the taxes were not paid on this property that were due in April 14. This was before I closed on the property. It was only one season's worth of payments, however am I on the hook for this?

The title company has not gotten back to me and told me they can't find my file.... great... and I was never even notified about this prior to purchasing the property. Obviously a learning lesson here, but at the same time isn't this the title company's job? Any recourse on my end?

Thanks!

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