Tax FAQ
 

Can I Buy A Home From A Private Seller Who Is Willing To Finance Me If I Have A Government Tax Lien On Me?

Question by terrytunes1958@sbcglobal.net | Posted in Renting & Real Estate

There is a tellingly owner who is willing to finance me, but I have a government tax lien. What are the implications? Can I even do this?

Answer: It in reality depends on what the lien derived from.

For example if the lien was placed because you didn't pay property taxes. Then the lien is associated with the really land (i.e. property) which your local county government will eventually take action in an attempt to regain that unpaid tax debt. Generally they sell the rights to the property at an auction. Regardless, whoever takes ownership of that assets will have to deal with any liens that the county doesn't remove. An
 
 

What Are Government Tax Lien Certificates?

Question by fred b | Posted in United States


Answer: A government tax lien certificate is a way for the government to have an investor pay for your important tax bill when you do not or cannot pay it yourself. It creates a lien on the property that has to be satisified upon the home's sale.

Related Topics:

Tax Allocation
Low Income Tax Credit
Date Tax Filing

 
 

How Much Is A Typical Tax Lien To Purchase From The County Government?

Question by bball3910 | Posted in Renting & Real Estate

where do you go to "buy" one of these?

Answer: Each hold has different laws about this. It is never an easy path to riches

Related Topics:

Contractors Tax
Tax Act Com
Working Tax Calculator

 
 

Trying To Buy A Tax Lien Property WITHOUT Bidding. Help?

Question by ♥ | Posted in Renting & Real Estate

I animate in Maricopa County, Arizona and I've been told that the only way to buy government tax lien property is through an auction held once a year in february and i don't inadequacy to wait that long. What about the homes that aren't bought at the auction?

Answer: falsi is legal. You need a great deal of education regarding tax liens. It is not as if you can waltz in and buy agreeably homes with no other liens or issues from the county for pennies. What you are bidding on is the tax lien only. Most properties are redeemed by the proprietress or the mortgage holder, and you only get the return of your funds plus some interest. After a period of time, all things considered about 3 years, the property may be eligible for you to acquire a sheriff's deed, which

Related Topics:

Dade County Tax
2004 Tax Forms
Lincoln Tax

 
 

How Do I Get Kansas Tax Lien Listings For 2006?

Question by Tammie C | Posted in United States

I want to know how to aquire the listings for government tax auctions. Houses for sale at tax leins in kansas borough kansas and the Leavenworth Kansas areas.

Answer: Start at the Kansas Bureau of Revenue (http://www.ksrevenue.org), from there you might want to contact the Office of Civil Tax Enforcement, (http://www.ksrevenue.org/ctecontact.htm) .

Related Topics:

Tax Advisory
Tax 1040ez Forms
Deed Sale Tax

 

Robert Blake Hit With $1.1 million Tax Lien

by AceShowbiz.com

According to the Detroit Tidings, the distinguished is being chased for even further debts - he's been hit with a new tax lien, filed in Los Angeles, for $1. Blake filed for bankruptcy in February, 2006 while struggling to pay off almost £3 million in dollar-a-year hold and federal taxes as well as his mounting judicial fees. 1 million in dollar-a-year taxes to the testify of California. 1 million in back taxes. Bakley's three children filed a respectful ensemble against Blake and he was ordered to pay $30 million after he was found actionable for her wrongful extermination.

Source: Robert Blake Hit With $1.1 million Tax Lien

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