Shorting IRS Liens?

[Ibrahim Hughes]

Although I have no experience in this area, I've heard that IRS liens can be shorted. If true, what is the process. Got a 7 year old $30k irs lien against a deceased borrower.

Does anyone know what the priority of these things are? This one was recorded right before several huge state liens were. As it stands, my attorney tells me that the state liens have to get behind a first mortgage and property tax liens against the house as they were recorded after the 1st mortgage and prop. tax lien. IRS lien follows the same rules?

Thanks in advance.

[Steve Babiak]

I personally know an investor who was able to get an IRS lien released without paying it off, by having the debt follow the owner; there was some paperwork sent to the IRS to do this. Not sure what happens due to your case being a deceased owner.

Some IRS lien links:

Non-BP links:
http://www.irstaxattorney.com/taxliens_more.html#Making_the_IRS_Lien_Secondary_to_Another_Lien

http://www.treas.gov/auctions/irs/wior_real_3166.htm

http://www.foreclosureradar.com/forum/buyers-and-investors/buying-auction/irs-tax-liens#comment-14478

BP links:
Foreclosure with IRS lien...did IRS ever redeem the property

Sheriff's Sale - Federal Tax Lien ?'s

Impact IRS lien has on a property purchased at foreclosure

IRS Foreclosure: Seizure and Sale

Finding amount owed to IRS on Tax Liens

Texas foreclosure with IRS lien

How to negotiate away tax liens?

Does Foreclosure wipe out the lien foreclosed on?