Paying coop yearly r.e. taxes in full
I serve as the treasurer of my co-op. Someone told me recently that by paying our city taxes as a yearly lump sum, we can save some money? Is that true? Also, I asked our bank if that was the case. They said it was, but that they wouldn’t allow us to pay as a…
I serve as the treasurer of my co-op. Someone told me recently that by paying our city taxes as a yearly lump sum, we can save some money? Is that true?
Also, I asked our bank if that was the case. They said it was, but that they wouldn’t allow us to pay as a lump sum. Anyone else have this experience?
it’s not a gigantic savings and I’ve always just paid quarterly or bi-annually for cash flow reasons. The discount available for your property is stated your RE tax bill. If you don’t receive the statements you can look them up on DoF ACRIS.