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Updated almost 7 years ago,

User Stats

14
Posts
3
Votes
Nate Martin
  • Milwaukee, WI
3
Votes |
14
Posts

Taxes on land contract in 2017 in WI.

Nate Martin
  • Milwaukee, WI
Posted

I purchased a home through a land contract in August of 2017 for 90k and was paying the seller's mortgage up until January of 2018. I closed on it in January. The taxes for 2017 were escrowed into the mortgage  that I was paying, and was paid in full in 2017 by the mortgage company. What tax liabilities do I need to be aware of? I live in Wisconsin.