I have a federal tax lien and I'm trying to sell my house what do I do now that's a good question a federal tax lien can be a serious problem when buying or selling a house hi my name is Darrin mish and I'm a tax attorney with an international problem tax problem resolution practice based in Tampa Florida now this video is one of twenty videos and if you'd like to have access to the other 19 videos please visit our website at get IRS help videos com so what do you do in this situation well let me talk about the general rules first the general rules are the federal tax lien must be paid off first before you can actually convey your house and that's actually serving the purpose it was invented for and that's why Congress allows the IRS to file federal tax liens it to keep is to keep people from conveying their interest in real property and forcing them to pay off the federal tax lein before they sell their house now there are some exceptions to that to that general rule the first is the offer and compromise if you have an an offer and compromise accepted and paid then the IRS has 30 days after the the payment of the offering compromise to release the federal tax lien the second exception would be the collection statute of limitations if it has expired then the IRS again has 30 days from the date of the that from the date of this statute expiration date to release the tax lien that's really common it really commonly does not happen automatically and so then you would have to issue a request to the IRS to release this unenforceable lien and they have 30 days...
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Irs tax lien sale of property Form: What You Should Know
If the tax lien is not paid it will stay on the property in the form of an IRS tax lien. You may be able to remove those lien payments to relieve the tax lien (e.g. if they are not necessary) by filing Form 4475, Application for Discharge of Tax Lien. 5.17.1.5.3, Section 1.1 (May 2013) 6. 6325(a) — to resolve a tax lien (see paragraph 2.17.1.5.4), you do not need to satisfy a lien or other interest (e.g. claim for refund), you can elect to pay the lien as a separate tax obligation that is the “discretionary” portion of the interest or other amount payable at the time. 6.6325.1 (June 2009) For example, you can make an election to pay the debt or other obligation using the proceeds of your tax loan to the IRS on the amount of the “discretionary” portion. 5.17.1.5.2, Section 9.8 (May 2013) Any property to which the lien applies may be subject to that lien (see paragraph 2.17.1.5.6). 5.17.1.5.1, Section 3.4 (May 2013) Any mortgage that qualifies for the mortgage foreclosure exemption (see section 3.4 of Internal Revenue Service Publication 334 (Tax Guide)). 5.17.1.5.0, Section 3.11 (May 2013) A lien that would not be treated as a mortgage (see section 3.11 of Internal Revenue Service Publication 334). How the Mortgage Bankers Association may affect tax lien claims. — IRS The Mortgage Bankers Association cannot alter or discharge a tax lien on mortgage loans and therefore is immune from any liability or responsibility for property sold by a mortgagee to a third party on behalf of such mortgagee. 5.17.1.5.1 (May 2013) 5.17.1.5.0, Section 3.15 (May 2013) You may not be able to obtain a court order to discharge the tax lien.
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