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Understand property tax responsibilities when inheriting real estate. Learn how property taxes transfer to heirs and discover planning strategies for inherit...
Yes, you become responsible for property taxes from the date you inherit the property, even if the previous year's taxes haven't been paid yet. Most counties will send tax bills to the new owner's address once the property transfer is recorded. You'll need to check if there are any outstanding tax liens or unpaid taxes from before you inherited the property, as these typically transfer with the property and become your responsibility to resolve.