InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] CA state tax lien Posted by Dennis-CAL Nevada Texas on November 06, 2003 at 12:41 AM I am doing an equity purchase with an owner. There is substantial equity but there is a judgment of 41k and a California state tax lien of 54k. I can negotiate to buy the judgment lien or a discounted payoff but I am not sure how to handle the state tax lien. The owner says it is an estimated tax burden because he did not file for 3 years and his liability is substantially less. How should I deal with that lien? Follow Ups: Ask CA about their mitigation process... Ward-CA- 8:45 AM, 11/10/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I am doing an equity purchase with an owner. There is substantial equity but there is a judgment of 41k and a California state tax lien of 54k. I can negotiate to buy the judgment lien or a discounted payoff but I am not sure how to handle the state tax lien. The owner says it is an estimated tax burden because he did not file for 3 years and his liability is substantially less. How should I deal with that lien? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455