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Updated about 5 years ago,
tax deed sale with irs lien
Hi bp I am looking at a property in florida that is coming up on the tax deed sale, it has a 150,000 irs lien on it. I have done some research and it looks like the irs has 120 days right of redemption after the sale, If they do redeem the property do they pay me back what I have invested? or am I just out everything I paid for the property? Should I avoid the situation entirely? The property is worth about 175,000