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Updated over 7 years ago,
alabama property Tax sale
Hello everyone,
I have a few questions and wanted to get your option. I'm looking at buying a tax lien on a commercial property that has a lot of old equipment and old materials in the building. I did a little research and found that the property has a state and IRS lien. My understanding is that I should not sell or trash any of the equipment or materials until I have the tax deed. Is this correct? Or will I be okay to sell the equipment and start using the space for my business? How often do the state and IRS act on their redemption rights? Also, is there anything else I should be aware of that I'm not thinking about?
Thank you for all your help,
Kevin