Question about multiple properties and tax lien – Page 4 – Piggington's Econo-Almanac

This topic has 45 replies, 3 voices, and was last updated 15 years, 2 months ago by Effective Demand.

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September 5, 2009 at 10:44 PM #454346

Effective Demand
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You are most welcome. I like the way you think about the the buyer calling it in but if the 2nd sale was financed I bet a condition of the financing would be that the lien would have to be cleared up.

Here is the IRS link regarding how they would go about doing that:
http://www.irs.gov/pub/irs-pdf/p783.pdf

The seller would already have the money. It is the new lender or their title insurance which would have to come and clean up the mess.
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