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Updated almost 8 years ago,

User Stats

22
Posts
3
Votes
Daniel Patterson
  • Investor
  • Georgetown, KY
3
Votes |
22
Posts

Tax lien from my partner past on a SFH in CA

Daniel Patterson
  • Investor
  • Georgetown, KY
Posted
I have a 50/50 partnership SFH in California. My partner just informed me of a $50k tax lien put on the house stemming from taxes he owes from around 10 years ago. I found out because our loan is about to convert from interest only to conventional. I tried to extend the interest only loan and was informed we are unable due to the lien. This was a great rental and was paining itself off nicely until this happened. Any thoughts of how to correct this mess?

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