Starting a business in Northeast Ohio? Get started here.
If you’re moving in Northeast Ohio, you’re likely focused on purchase price and mortgage rates, but Ohio’s unique “arrears” property tax system can change your bottom line at the very last minute. Because Ohio taxes are billed up to 18 months behind, sellers often owe significant credits at closing while buyers must prepare for future bills covering time they didn’t even own the home. From decoding “short vs. long” proration to understanding why your escrow refund might take months, here is everything you need to know to navigate the tax lag before you sign on the dotted line. Read the full Ohio tax guide here.
