Re: Property taxes in Short sale?
Posted by steele in minnesota on December 31, 2008 at 11:35:35:
In Reply to: Property taxes in Short sale? posted by kingno1 on December 31, 2008 at 09:53:40:
As stated in another post, the write off goes to the party who paid them. In this case, the bank. Unless you personally paid them out of your own pocket.
I understand your confusion. I believe the way it would be looked at is that since the bank was shorted they are considered to be paying the credit, taxes, any seller paid costs as well as commisions, if any. But if there is any question maybe a slick accountant could try and make an argument...
But I doubt it :>)
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