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Old 09-28-2013, 09:20 PM
 
371 posts, read 886,617 times
Reputation: 156

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Hello everyone,

My mother has paid off her home. I'm so happy for her. Now, we are trying to figure out the "What next" as far as paying the taxes at the end of the year. Do you all do some type of payment plan? What should we expect?

Thank you in advance.
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Old 09-29-2013, 08:54 PM
 
545 posts, read 1,484,594 times
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You can pay your property taxes all at once or pay in installments. Your tax bill should show both the full amount and what the installment plan would be. The tax amount works out to be the same either way. It's not more expensive to pay in installments. Usually, either the full bill or the first installment is due by early to mid-late January. Just keep in mind that if you pay your taxes after the first of the year, you can't claim that amount for the interest deduction on the previous year's taxes. Hope this helps.
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Old 10-05-2013, 10:15 PM
 
371 posts, read 886,617 times
Reputation: 156
Thank you so much. This helps a lot.
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