27Dec/094
Can I sell a property that has a Income tax lien on it?
kind asked:
I know that whatever profit there is on the sale would first go to the IRS toward the tax lien, but I am not sure how the tax lien will affect the sale. By the way, after selling the property the tax lien will not be totally paid off. All of the money from the sale will go toward the lien and it won't be enough to pay the entire debt. Does that effect the sale?Will it take longer to close the deal? does the IRS have to sign off on it? How does it affect the marketing of the property and does it affect the buyer in any way?
Vincent
I know that whatever profit there is on the sale would first go to the IRS toward the tax lien, but I am not sure how the tax lien will affect the sale. By the way, after selling the property the tax lien will not be totally paid off. All of the money from the sale will go toward the lien and it won't be enough to pay the entire debt. Does that effect the sale?Will it take longer to close the deal? does the IRS have to sign off on it? How does it affect the marketing of the property and does it affect the buyer in any way?
Vincent
21Dec/097
marriage and the irs?
brenda d asked:
i`ve been engaged to be married for two yrs ,i`m afraid to marry him because i have an irs audit that has gone on for ten yrs. i don`t know if keeping my last name or hyphenating my name would allow that debt to still be my debt?i`m also wondering if we did marry ,would irs garnish his wages also,we just bought a new home ,i don`t won`t to lose what took us so long to gain.....nervous in maine
Betty
i`ve been engaged to be married for two yrs ,i`m afraid to marry him because i have an irs audit that has gone on for ten yrs. i don`t know if keeping my last name or hyphenating my name would allow that debt to still be my debt?i`m also wondering if we did marry ,would irs garnish his wages also,we just bought a new home ,i don`t won`t to lose what took us so long to gain.....nervous in maine
Betty
