How to Calculate Property Tax Prorations

Jun 14 , 2017

Tampa School of Real Estate

How to Calculate Property Tax Prorations

Live Every Wednesday at 12 Noon EST

Help your buyers understand how much cash they’ll get credited at closing for property taxes!

In most real estate transactions in Florida, property taxes for the current year will have been paid, leaving the buyer with the entire property tax bill. To make sure everyone pays their fair share, a proration of the property taxes is calculated.
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