The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Supplement Property Tax in CA? Date:  2/8/2001  2:52 PM
Author:  2Be1000K Number:  45975 of 127613


I bought a new home in Bay Area in Jul 2000. Recd property tax bill in Nov 2000 based on the assessed value as of Jan 2000 (the home didn't exist then, just the land under builder's name). I know that I need to pay supplement property tax on the difference between the value of Jan 2000 and July 2000 (my purchase price in escrow). The question I have is when do they send the notice for the same in California and when is it due?

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us