Bevis Bag Co. purchased a tract of land on August 23 of the current year, paying $225,000. Prior to the sale, the seller paid property taxes of $16990 on the property. The taxes covered the calendar year period January 1 through December 31. How much will Bevis be allowed to deduct any portion of the property taxes paid by the seller prior to the sale? A taxpayer owns the new home including the date of purchase for property tax computation.