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Tax lein on a foreclosure

  • Thread starter Thread starter trilife4
  • Start date Start date

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T

trilife4

Guest
I just recently purchased property through a open bid, Trustee sale.
The lein holders were: IRS and the State of Maontana.
For Taxes oweing.
QUESTION:
Does the IRS have a 120 day buy option on the property.
 


L

loku

Guest
I don’t believe that the IRS has that right, but the owner of real estate sold to satisfy a tax liability can redeem the property at any time within 180 days after the sale. (IRC section 6337(b)).
 
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