Seller:
20,985 * (7/12) = ?
The annual real estate tax on a duplex house is $20,985 and the owner sells the house after 7 months of the tax year. How much of the annual tax will the seller pay? How much will the buyer pay?
5 answers
Ms. Sue thank you, but what about the buyer?
The buyer will pay the difference.
so, the sellers price - 20,985 is for the buyer?
No. Please rethink this problem. Read it carefully.