If the house is worth 200,000. What will the house tax be based on 100,000 or 200,000 ?
2007-03-05 06:25:03 · 4 answers · asked by gary e 1 in Business & Finance ➔ Renting & Real Estate
$100,000
2007-03-05 06:28:29 · answer #1 · answered by Anonymous · 0⤊ 0⤋
What the buyer does has no barring on your house tax. You pay tax on whatever amount of money you sold the property for.
Plain and simple. You sold the home. It no longer matters what the next guy does
2007-03-05 14:29:55 · answer #2 · answered by gabegillen 1 · 1⤊ 0⤋
The house would be reassessed at the time of sale. I don't think you should be assessed, however, since the sale never went through and there was no change of ownership.
2007-03-05 14:29:31 · answer #3 · answered by Owlchemy_ 4 · 0⤊ 0⤋
It will be based on what the county assesses it at.
2007-03-05 14:27:46 · answer #4 · answered by Matthew L 4 · 1⤊ 0⤋