Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

81
Posts
21
Votes
Greg Schuricht
  • Accountant
  • Minneapolis, MN
21
Votes |
81
Posts

Applicant with big judgement against them

Greg Schuricht
  • Accountant
  • Minneapolis, MN
Posted

I've got an applicant that is well qualified (good credit, good income, some significant debt).  I just received results from a judgement search and uncovered a HUGE (100K+) sales tax lien.  Applicant gave very brief explanation that it was related to a business, and that he will move on if its an issue.  I'm guessing its related to prior business that was never incorporated and treated as sole proprietorship that didn't collect sales tax. I like this applicant.  What would YOU do?

Most Popular Reply

User Stats

6,603
Posts
6,951
Votes
Bjorn Ahlblad
  • Investor
  • Shelton, WA
6,951
Votes |
6,603
Posts
Bjorn Ahlblad
  • Investor
  • Shelton, WA
Replied

Tax liens can only attach to assets; boats, cars, and planes, houses etc. So at least you wont have to worry about him moving out because he is buying a house. I would pursue a more in-depth explanation however and if he does not want to engage perhaps he is not your guy.

Loading replies...