Why are the taxes not prorated when property has been purchased mid-year?
Related Questions
- If a property is sold after its tax exclusion period begins, should current year taxes be prorated privately between the buyer and seller (i.e. at the closing of the property transfer)?
- Im selling some rural acreage that has a structure on it that is occupied seasonally for living quarters. How will this affect the capital gains tax on the sale of this property?
- Why are the taxes not prorated when property has been purchased mid-year?
