Posted on: 31st Oct, 2007 08:02 pm
my father died, no mortage on the house. my daughter wants to buy the house from my family, but my one brother owes irs taxes, and uses my father's house for his credit, and the house now has irs liens, my question is, if we use a quit claim deed, will his debt be transfered to my daughter?
useing quit claim deed will my brother's IRS liens be transfered over to the new buyer?
Hi,
The IRS lien will still be valid on the property and the owner is responsible to pay it off.
In your case, the new buyer has to clear the lien first and then get a clear title.
The IRS lien will still be valid on the property and the owner is responsible to pay it off.
In your case, the new buyer has to clear the lien first and then get a clear title.
Hi peas,
Your brother should clear the IRS tax before selling the property to your daughter; otherwise your daughter will have to pay the IRS tax.
Yes if you use quitclaim deed, the new owner have to pay the IRS tax lien.
Thanks,
Larry
Your brother should clear the IRS tax before selling the property to your daughter; otherwise your daughter will have to pay the IRS tax.
Yes if you use quitclaim deed, the new owner have to pay the IRS tax lien.
Thanks,
Larry
The IRS can't put a lien on your fathers house for your brothers debts just because he lived at your fathers house. He would have to own the house. Did brother have an interest in the ownership of the house before dad died, or after, or not at all? If not at all, then the lien is dubious.