real estate taxes
Do you typically pay taxes on your completed home for the year it is constructed? Both my builder and banker live in the township in which we're building. They both have told me that the township won't be very fast to assess the completed property and that I most likely will pay only the vacant lot taxes for the first year. What's your experience with this? We're looking to finish construction in February. If they're right, we'd be getting nearly a year break from taxes on the house.