Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Sriram Akkati

Sriram Akkati has started 1 posts and replied 3 times.

@Pam Brown

The contract says it’s prorated taxes between Sellor and buyer based on purchase date. Its monument title insurance company.. at least I mention the name here .. so that anyone who goes through this title company in future should be aware of this.

@Chris Seveney

The contract says it’s prorated to pay by Sellor till the purchase. I don’t have title insurance.

Hi All,

Can anyone advise me? I really appreciate help here.

I bought a property in Indiana, Marion County on 3/9/2022 through a wholesaler, it was a cash deal.

At the time of closing, the title company generated the online tax statement from the county office and paid outstanding tax dues ($74 – special assessment for sewer code violation by the previous owner) towards the final closing.

As per the county office, tax assessment happened on 3rd week of march-2022. So title company missed in calculating the correct tax (2021 payable 2022) credits in the final closing statement.

Now I owe tax dues of ~$4500 (2021 payable 2022) to the county. Does anyone have this kind of experience in Indiana? Can anyone advise me the next steps? Can take legal help here? pls advise.

-Sri