Suppose any tax payments are made on the due date, and the annual tax bill is $12,000. Compute who owes who (seller vs buyer) and how much, if closing is

(a) on December 22, and

(b) September 10.

(c) If the tax rate is 10 mills, and the property sold for $1.5 million, how big is the supplemental bill?

Answer rating: 100% (QA)

REQUIRED Problem a 4pts on December 22 and TOTAL 5056 3D Problem b 3pts September 10 TOTAL 6844 3D P... View the full answer