If so you know that "Uncle Sam" loves taxpayers like you. 

Resolution - They updated my escrow to remove the extra tax payment.

I always recommend that people have at least enough money left over in reserves to cover at least one cap-ex expense and/or 6 months of mortgage, insurance and tax payments (PITI). 

If you do not receive a bill, it is no excuse for paying the taxes late, and you could owe interest and penalties.Plus, you must provide an address so if the taxpayer attempts to redeem through the county, the county has the correct address to send the necessary paperwork.

Again, I'm not going to interject my personal political beliefs, but between the bail outs and all the rest following the crash, the problem here is that we SEEM to have sent a VERY mixed message to the big banks about who is ultimately on the hook if they act too irresponsible (the tax payer).

because the trust holding the property is an irrevocable trust it is the actual tax payer for the property. 

Might be able to expense under the safe harbor for small taxpayers. 

@Rachel Campagnolo, In order to qualify for 1031 treatment the taxpayer for the old property has to be the same as the tax payer for the new property. 

The IRS doesn't mess around with that kind of stuff once they start looking.But as far as accounting goes, you're right, the values, date you id, and address are going to be needed by your tax payer.

I'll respectfully decline to further expand on it.If you want the correct answer you should be going to the code and regs, not IRS instructions, which are non-authoritative.I agree a taxpayer should work with a professional once their complexity warrants it.