The tax liability arises on January 1 of the tax period following the tax period in which the taxpayer became the owner, administrator, tenant, or user of the taxable property and expires on December 31 of the tax period in which the taxpayer lost ownership, administration, lease or use of the real estate. If the taxpayer becomes the owner, administrator, tenant, or user of the real estate on January 1, the current tax period, the tax liability arises on this day.