QUESTIONS In Brown County, the real property tax year is the calendar year. The real property tax becomes a personal liability of the owner of real property on January 1 in the current real property tax yeur (assume that this year is not a leap year). The tax is payable on June 1. On May 1, Bill sells his house to Mary for $350,000. On June 1, Mary pays the entire real estate tax of $8,000 for the year ending December 31. Assuming that Bill itemizes his deductions and the $10,000 limit on state and local taxes does not apply, how much of the property taxes may Bill deduct? There are 120 days from January 1 - April 30. a. SO O b. $2,614 OC. $2,630 d. $7,950 Oe. None of the above