There are simple things in life that you just never forget. Like tying your shoes and riding a bike.
Then there are those very important things that you should not forget. Like paying your mortgage and property taxes.
Let’s face it and be real with ourselves. Taxes are an ongoing responsibility of real estate ownership and it doesn’t matter whether you have a mortgage loan on your property or you own it free and clear. As the famous Benjamin Franklin so gently put it, taxes are one of those things we simply cannot avoid.
And since we cannot avoid the inevitable, here is a funny and easy way to remember when your property taxes become due and delinquent – because the tax collector’s office doesn’t fool around.
(I actually learned this in real estate school and it helped me pass my state exams)
No Darn Foolin’ Around
The first letters of the phrase correspond with the months in the year. This will help you remember the order of the due dates and delinquent dates for your real estate property taxes: N-D-F-A
No Darn Fooling Around
November, December, February, April
First installment of taxes due.
First installment of taxes delinquent.
Second installment of taxes due.
Second installment of taxes delinquent.
(Which is strangely close to IRS Day)
I also learned something new today.
After reviewing our county’s tax collector website I found out that they actually put a specific time on the delinquent date. I learned that the installments become delinquent as of 5:00 PM on the December 10th and April 10th deadlines.
According to the Sonoma County Tax Collector’s website,
“You may pay your annual tax bill in two installments. The first installment is due November 1 and becomes delinquent at 5 p.m. on December 10, and the second installment is due February 1 and becomes delinquent at 5 p.m. on April 10. You may, however, elect to pay the entire bill when you pay the first installment.”
So next time someone asks you when property taxes are due, remember…
No Darn Foolin’ Around
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Note: This post is for California real estate. Please check your local state and county for more information in your local area.
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