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Updated over 7 years ago,
An Estate Property , Liens, Executor ..............
Need some help please, with a current situation / Scenario please
The current situation that I am looking at, regarding purchasing another Investment Property ..................
I need some help and guidance on the following situation/ example please
Background:
1. An Estate Property - a property with 2 houses in an Estate in TN
2. 2 Liens - a Nursing Home - and Federal back taxes
* June of next year 2018 , these taxes are due to " Drop-Off " due to a 10 year Statue of Limitation
3. This August 2017 , this Property goes to it's 1st Tax Sale ( the 1st of 3 year Tax Sales )
QUESTION:
If the Executor decides to sell the Property after June 2018 - which is when the Federal Tax lien " Drops - Off " , will the fact that a person paid the taxes ( Property ) at the August 2017 tax sale , " Interfere " in any way with the sale to another person ( after Probate ) ?
Thanks so much for your help