MikeW 2 Posted May 5, 2016 Report Share Posted May 5, 2016 Hi everyone. Need some help. I am trying to sell my condo. Does anyone have any info on how I can negotiate down the $60k lien the IRS has placed on my property? Is it worth hiring a tax attorney or are there any tips I can use to settle for a lower amount. I have about $350k in equity. Or am I just screwed out of that $60k? Thanks! Quote Link to post Share on other sites
Clydesmom 1,218 Posted May 5, 2016 Report Share Posted May 5, 2016 2 hours ago, MikeW said: Or am I just screwed out of that $60k? 350k in equity the IRS has NO reason to negotiate with you. The time to negotiate and use a tax attorney was before they got a lien. You can do a low or no cost consultation with a tax attorney but I would not get my hopes up. Quote Link to post Share on other sites
MikeW 2 Posted May 6, 2016 Author Report Share Posted May 6, 2016 I had a feeling that was going to be the case. Thanks for your help. Quote Link to post Share on other sites
Harry Seaward 1,356 Posted May 6, 2016 Report Share Posted May 6, 2016 How old is the tax liability? In most cases the IRS only has 10 years from the date of assessment to collect. http://www.nolo.com/legal-encyclopedia/time-limits-irs-collections.html Quote Link to post Share on other sites
MikeW 2 Posted May 13, 2016 Author Report Share Posted May 13, 2016 It was placed 3 years ago. So it's just all bad.... lol Quote Link to post Share on other sites
