Every time you feel you are missing out remember you could also be buying at the top.

Miss Martini,Answer me this please.Why..

At that point, Can I 1031 into a long term rental hold and miss having the tax penalty? 

I've missed a couple of filings here and there over the years. 

Because as an agent any and all real estate dealings/transactions that you're involved in have to be ran through your brokerage, as far as I know and have been told from mine...I feel like I'm either missing something or maybe I'm not and it's just not clicking.

Whenever you have a PIA tenant, you have to look yourself in the mirror and ask yourself how you missed this.

@Adam Odom— I apologize I missed your question.

Let me know if I missed anything. 

However in this case it sounds like the lien has been released so the question is moot.yes foreclosing a junior lien does not remove a senior lien not matter what it is.. although in practice its pretty rare to have IRS lien senior to bank loans.. maybe a private loan where a lender never requested lenders title insurance.Not as rare as you might think, liens of all flavors get missed all the time in title searches.  

If you miss it that night others may not.