Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

52
Posts
3
Votes
Matt Pfefferlen
  • santa monica, ca
3
Votes |
52
Posts

IRS Right of Redemption

Matt Pfefferlen
  • santa monica, ca
Posted

I am looking at a foreclosure with a 1st lien foreclosing and the property has a second loan with an IRS lien after the 2nd.   After foreclosure by the 1st lien whereby the second gets zero, does the IRS need to pay some of the funds to the 2nd if the IRS exercises the right of redemption and sells the property for more?

Loading replies...