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.
General Real Estate Investing
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 8 years ago,

User Stats

57
Posts
17
Votes
Linda Govan
  • Real Estate Investor
  • Chicago, IL
17
Votes |
57
Posts

Just found a tax lein on a property I wanted to close on

Linda Govan
  • Real Estate Investor
  • Chicago, IL
Posted

Hello BP community, 

I found an abandoned house and finally found the owner for the house.  Doing some research I see his back do taxes of $12k were bought by a investor from 2011-2014. Its more taxes do now that aren't paid. The owner doesn't want anything for the property he just wants to move on.  What is my best option to settle the tax debt? Should I have the owner apply for hardship exemption through the homestead act or negotiations on the debt? The home is only worth arv $75k and it needs $25k of work.  Any help is appreciated.  

Loading replies...