Understanding Ohio property taxes at closing is one of the most confusing costs for sellers.

The State of Ohio handles property tax payments in a unique (and sometimes confusing way). Property taxes are paid in arrears.  Each county has different billing cycles and tax rates (per $1,000 of a home’s assessed value). Your most recent tax bill covers property taxes owed for the six-month cycle one year ago (e.g., your July bill this year is for the prior year’s tax period July through December).