Types of Tax Lien Properties Investment
June 19, 2018
Tax Lien Negotiation Points
June 21, 2018
It is always a good habit to file your taxes in order to avoid a tax lien being used against your property. But if you fail to pay, regardless of how ugly or hopeless the situation may be, there is a chance to fix it, and sooner the better.
Whatever documents you can get your hands on, file it. However, if there is a lost paperwork, try to ask for an extension and request the IRS for transcripts. You can also do this via the internet if you are uncomfortable going to the IRS.
The next thing to do is apply for a payment plan. Do this in order to save your assets and property from being sold to auction. If there is an opportunity though, negotiate for a reduced amount of the debt, or ask for help from a tax expert lawyer.
Michael Schuett
Michael Schuett is a Real Estate Investor & Entrepreneur.
He holds monthly seminars in South East Asia and Europe about Real Estate Investments, Tax Deeds Investing, and Flipping in Emerging Markets and continues to build his own strong Real Estate Portfolio in various cities.
His companies are currently holding several properties in Miami, Tampa, Berlin, Hamburg, Bangkok and Kuala Lumpur and have successfully established the first Real Estate Development agency in Thailand.
