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Tax, SDIRAs & Cost Segregation

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Ibrahim Hughes
Pro Member
  • Real Estate Consultant
  • Bloomfield, NJ
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Shorting IRS Liens?

Ibrahim Hughes
Pro Member
  • Real Estate Consultant
  • Bloomfield, NJ
Posted Sep 30 2010, 03:59

Although I have no experience in this area, I've heard that IRS liens can be shorted. If true, what is the process. Got a 7 year old $30k irs lien against a deceased borrower.

Does anyone know what the priority of these things are? This one was recorded right before several huge state liens were. As it stands, my attorney tells me that the state liens have to get behind a first mortgage and property tax liens against the house as they were recorded after the 1st mortgage and prop. tax lien. IRS lien follows the same rules?

Thanks in advance.

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