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Updated about 5 years ago on . Most recent reply

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263
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168
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Jim C.
  • Investor
  • INdiana
168
Votes |
263
Posts

HELP!Tenant caused $25k LIEN on MY Property for HIS Unpaid Taxes!

Jim C.
  • Investor
  • INdiana
Posted

Just found out from my local recorder's office that my tenant's failure to pay his federal Income taxes has caused the IRS to place a $25k lien on MY property! There is also another Lien for $5k from a local hospital. Am I responsible for these? How can I get this removed? Do I need an attorney involved? Should I evict them because of this? What happens if I want to sell in the near future? Will these liens hold up the sale of my property?

Most Popular Reply

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5,544
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2,364
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,364
Votes |
5,544
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

I have a clause in the lease that the Leasee holds  the Leasor harmless and any lien or bankruptcy makes this lease immediately null and void.

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