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Updated almost 4 years ago on . Most recent reply
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?