Paying IRS Back Taxes

Posted on May 21, 2007 by Ilyce R. Glink

Q: Can I quit claim my property to the IRS in lieu of paying back taxes?

A: No. the IRS is not in the real estate business other than to place liens against the equity of a property. When you sell your property, the IRS will take its share.

Published: May 21, 2007


Rate This Article
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...
Related Topics
, .
View our other articles that are related to this post.

© Ilyce R. Glink. All rights reserved. This content may not be used, distributed, syndicated, compiled or excerpted in any medium or form without written authorization from Think Glink, Inc. For information on syndicating ThinkGlink.com please contact us.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>