Skip to content
Buying & Selling Real Estate

User Stats

30
Posts
8
Votes
Ayako Nakayama
  • Homeowner
  • Kansas City MO
8
Votes |
30
Posts

First year property tax on new construction home as a buyer

Ayako Nakayama
  • Homeowner
  • Kansas City MO
Posted Mar 24 2023, 16:27

I'm interested in buying a new construction home in West Plaza area in Kansas City.   Expected closing in May 2023.  Seller won't credit me the pro-rated portion (from Jan - Apr) of tax based the sale price.  Will I be responsible for paying the full year (12mth) property tax based on the sale price in Dec 2023?  Any way I can get away with paying 8mth (May - Dec) based on the sale price and 4mth (Jan - Apr) on prev year's value (which was based on the land value only)? 

User Stats

592
Posts
389
Votes
Randy Rodenhouse
Pro Member
  • Investor
  • Charleston, SC
389
Votes |
592
Posts
Randy Rodenhouse
Pro Member
  • Investor
  • Charleston, SC
Replied Mar 25 2023, 05:39

In most transactions you would pay the pro rata share of taxes based on the date the deed transferred to you as the owner.  I am not sure what the seller is trying to pull but if you close with a title co or attorney they will tell you otherwise.  You did not live there o you don't pay taxes during those months of Jan - April or whatever the buy date is.