I'm looking to purchase a re performing note on a SFR in Florida. O&E shows federal tax liens on husband/borrower for over $170K. The BPO value on the property is around $60K. There are no other liens on the prop...
Good morning BP,I am looking at a property in foreclosure that has a Federal Tax Lien recorded PRIOR to the recorded date of the first mortgage. In this scenario, the Federal Tax Lien would take priority, correct? SO ...
In a mortgage foreclosure, if the owner being foreclosed on has federal tax liens filed against him, will the property remain subject to all or a portion of the federal tax liens once a foreclosure sale is completed?
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This seems to be one of the more confusing topics I've come across. I have bought some REO properties in the past (I'm 2 years in the RE game). I've made some decent money from REOs but I'm considering buying properti...
I've had my rental listed for about 2 months now, and haven't had anyone fill out an application until this week. I should mention this is the second turnover I've ever had and I've only been a landlord for about 2 ye...
I'm looking to purchase some tax deeds from my county in Oklahoma and am currently working through my due diligence. However, I am getting hung up on the federal liens. Where do I need to search for these? It is my un...
There is a property I am interested in, and it will be auctioned at the courthouse next tuesday, so I order a title search.It shows only 1 lien for $amount (I don’t know the current balance of the debt), originally t...
I have a foreign (Gulf) investor that would like to do Business with me, provided that I can get him certain information pertaining Properties here in GA. He is asking for the tax implications (Fed, State, local) to i...
I am looking at purchasing a house via online auction. It states the seller will "pay delinquent property taxes and any delinquent HOA assessments in accordance with the applicable Purchase Sale Agreement."
It also h...
Does anyone know what would happen in Florida if you purchased a foreclosure property that has a federal tax lien filed after the lis pendens? Are you responsible to pay the tax like you would property tax?