December 23rd Closing Date!

Quicksilver · #1 10-27-2005, 04:11 AM

Quote:

Originally Posted by Kaefer

Just got a call from our builder today. We will be closing on the new house on the 23rd of December!!!

This means two things:

1. We get to pay for an entire year's worth of taxes, even though we will live in it for a week (or less).
2. I get to spend this holiday season with boxes all of over the f*#&ing place!!

We just KNEW they were gonna do that...

<sigh> it is what it is... <taking DEEP breaths right now... counting to 10>

Juan

There has to be some advantage to paying taxes upfront.Seems to me the more taxes you pay now the more you take off later. I know you have checked with you tax advisor.What does he/she say?

Juanted · #2 10-27-2005, 06:51 AM

Quote:

Originally Posted by Quicksilver

There has to be some advantage to paying taxes upfront.Seems to me the more taxes you pay now the more you take off later. I know you have checked with you tax advisor.What does he/she say?

Oh sure! If we were to sell the house in, let's say, June, then yes, we'd get half of those taxes back. Who knows when that will happen, though. Unless something drastic or unforeseen happens, we will hopefully be here for a long time.

We knew about the tax issue. It's just frustrating, that's all. We put in the contract in August of '04; at that time, we were told we'd close sometime in June -- "Possibly July." Obviously, they missed that date.

And the whole living out of boxes during the holidays thing is not much fun. BUT... I am trying to remain positive. It's our dream home, and we're very fortunate.

Juan