Stylish Zurich Airport hotel boasts direct terminal access. Welcome to the Radisson Blu, the only hotel with direct access to the terminal at Zurich Airport. The hotel is within walking distance of the airport train station, and only a 10-minute train ride from downtown Zurich. Admire the famous stained-glass windows of FraumÃ¼nster Church during a stroll through Old Town and enjoy the fresh breeze by Lake Zurich, then return to elegant, comfortable lodging.
If there is no association rule, market conditions will usually determine who will pay the tax. If it is a sellerâs market and the new buyers are competing against others for the property, the homeowners can usually require the buyer to pay the tax. The buyer usually will pay the flip tax in order to get the property. However, if itâs a buyers market and the seller is having trouble getting an offer on the property, the seller may offer to pay the flip tax as an incentive for prospective buyers.
At the closing you will receive a credit for 2007 taxes in the amount of 6,000. The seller owned the house all of 2007 and is therefore responsible for the entire 2007 tax bill. The seller has also owned the property in 2008 from Jan. 1 to closing. The pro-ration comes in on the 2008 tax bill (payable in June and Sept of 2009). Since we don't know what the taxes will be we count the days Jan. 1 to Mar. 1 (seller responsible for taxes on closing day) which in this leap year is 61 days. If we pro-rate the taxes at 100% we use 6,000. 105% we use 6,300. 110% we use 6,600. to base your 2008 tax closing credit.