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Updated almost 2 years ago on . Most recent reply

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Connor Johnson
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Sheriff Sale With Federal Tax Lien

Connor Johnson
Posted

Hello,

Big time reader, first time poster. I am looking at a property in Texas that is coming up on the Sheriff Sale this month. It is coming up for sale because they haven't paid the local school tax. It had a Federal Tax Lien filed against it in 2021 but no mortgage or other liens on the property (no bank involved), individual owns it outright. I have read a few other threads/questions that are similar, but aren't exactly the same scenario. My question is, if I was to bid on and win the property, am I responsible for the Federal Tax Lien amount or will that get erased from the property since it is really tied to an individual failing to pay income tax?  

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Chad U.
  • Investor
  • Boca Raton, FL
1,135
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Chad U.
  • Investor
  • Boca Raton, FL
Replied

There's a 120 day redemption for IRS liens.  If they don't redeem then it expires 

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