Sunday, March 25, 2012

If you owe taxes can you buy a home with cash without the property ...

Question by Crystal : If you owe taxes taken can you buy a home with cash without being the property ?
I have a friend who he wants to buy 10.000 inherited a foreclosure with the cash. His concern is that he Owes 20,000 in back taxes. Best answer:

Answer by Judy If you owe back taxes
, then any of your assets can be taken for the taxes. If you have a payment agreement in place and are regularly paying as agreed, your assets would not normally be attached, any tax refunds would be Although taken toward what you owe.


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Source: http://www.lovefinanceinfo.com/2012/03/if-you-owe-taxes-can-you-buy-a-home-with-cash-without-the-property-being-taken/?utm_source=rss&utm_medium=rss&utm_campaign=if-you-owe-taxes-can-you-buy-a-home-with-cash-without-the-property-being-taken

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