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Updated 11 days ago, 12/27/2024
Triple Net Lease - When to pay property taxes
After collecting tenant pass-throughs for the year, do you pay the property taxes at the end of the year or the beginning of the next year?
The benefit of paying the following year is the interest income accrued. However, when you do the annual reconciliation, the property taxes would not show in the current year. How do you typically handle this?