Property taxes in Short sale?


Posted by kingno1 on December 31, 2008 at 09:53:40:

Hello,
I completed the short sale of my property last week with purchase
price of 321K with 5K credit to the buyer. The deal is done, Escrow
closed and deed recorded on 24th Dec. Out of 321K paid by the buyer,
Bank got 305K, property taxes are 8.5K and buyer credit of 5K.
I have a question.... The property tax amt is considered as paid by me
or buyer or the bank? Can I claim this deduction when I file taxes next
year as those taxes were paid as part of closing?


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