Speaking of Star and Taxes
Posted By |
Message |
LisaW
Time for me to FLY!
Member since 5/05 13199 total posts
Name: Did I ever tell you that I hate people?
|
Speaking of Star and Taxes
We just got our statement of real property taxes, and although we closed in July 2005, it shows that the taxes that were due in December 2005 were still calculated using the previous owners veterans and enhanced star discount. Its showing the same thing for the second half due in May 2006.
It lists our name under tax billing address and our mortgage company, but shows the old owners names under taxable status as of March 2005.
We went and filed our Star a few weeks ago.
Is this going to come back and bite us in the a$$? Anyone know?
|
Posted 2/24/06 8:37 AM |
|
|
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
BrunetteMom
LIF Adult
Member since 8/05 1480 total posts
Name:
|
Re: Speaking of Star and Taxes
I would call and get this straightened out. You DEF do not want this to come back and bite you in the ***.
|
Posted 2/24/06 8:51 AM |
|
|
pickle
LIF Toddler
Member since 5/05 491 total posts
Name: Marie
|
Re: Speaking of Star and Taxes
yes, they (if the town remembers) will charge you a true-up next year. Enjoy the cheap taxes this year, but save up for the difference next year.
That happened to us (this year we are paying on the back taxes).
Although you can try not calling their attention to it, and see if it slips through the cracks (this happened for a co-worker of mine), but chances are they will figure it out anyway..
|
Posted 2/24/06 8:56 AM |
|
|
LisaW
Time for me to FLY!
Member since 5/05 13199 total posts
Name: Did I ever tell you that I hate people?
|
Re: Speaking of Star and Taxes
Well, we pay the correct amt into escrow anyway, in fact, we pay for the amt without any Star into escrow.
In fact, I just looked at our mortgage statement and it shows that this May's payment will make up the difference. Oh well!
|
Posted 2/24/06 9:03 AM |
|
|
skew
LIF Adult
Member since 5/05 6794 total posts
Name:
|
Re: Speaking of Star and Taxes
same thing happened to us. i called the town and asked why the previous owners name appeared on the bill and they told me it takes time to readjust. they didn't say anything about us being charged the difference but she did say to make sure to apply for STAR by march 1st.
|
Posted 2/24/06 9:28 AM |
|
|
Potentially Related Topics:
Currently 91942 users on the LIFamilies.com Chat
|