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Updated about 8 years ago,
Fed Tax Lien Question
Hello Everyone!
I'm planning on bidding on my first property at auction soon and started doing a recorders office search on the title.
It looks like there are some hefty Federal tax liens that were filed on the same day about a year ago. One is a "1040" type (under "kind of tax" column) for $20k & the other is "CIVP" type for $21k.
I'm wondering if its a total of $41k or if its a kind of duplicate filing. I don't have much experience with title searches. I'm guessing the 1040 one is for personal income taxes and when I googled the "CIVP" one it looks like it just means civil proceedings. I'm not really sure.
Would these will go away after auction? I know federal stuff usually doesn't, but I really don't know a lot? Think I can get them dismissed? Does it make sense to pay for a professional title search on this?
Thanks for any advice you might have!