Posted on: 24th Dec, 2008 06:24 am
I live in California, my house is paid off free and clear, but my taxes for the property are to high to pay at once, how can I make small payments, maybe an impound account without a loan?
Hi Dougie Curtis,
As far as I know, paying the taxes in full and on time is better as it helps a person to avoid penalties. However, if your property taxes are too high and if you have ended up in back taxes, then, as far as I know, you can request for a payment agreement. You can contact a tax professional who can guide you in doing the payment agreement with IRS.
Wish you a merry Christmas.
Thanks
As far as I know, paying the taxes in full and on time is better as it helps a person to avoid penalties. However, if your property taxes are too high and if you have ended up in back taxes, then, as far as I know, you can request for a payment agreement. You can contact a tax professional who can guide you in doing the payment agreement with IRS.
Wish you a merry Christmas.
Thanks
Are property taxes usually paid in full at the end of the year?
When a house is up for sale and the property tax is listed is it usually the entire year that is listed or split up into monthly payments?
When a house is up for sale and the property tax is listed is it usually the entire year that is listed or split up into monthly payments?
Hey jdimstrnate,
Property taxes are paid in full at the end of each year. As far as I know, the property taxes will be listed for the whole year and not split into monthly payments.
Property taxes are paid in full at the end of each year. As far as I know, the property taxes will be listed for the whole year and not split into monthly payments.