Updated over 4 years ago on .
Most recent reply
presented by
Basic 1031 question about back property taxes on relinquished
I've read property taxes are not considered transactional cost. So, if when selling a property that I have $10,000 back taxes on the property that were planning to be paid at closing . Would I need to pay those taxes prior to the closing? Pay them in Cash at Closing? or are they allowed to be taken from the proceeds?