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May 26, 2012, 01:31:49 AM

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Real Estate Investing Forums  |  Real Estate Investing  |  Bird Dogs, Wholesaling, Flipping Properties Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: wholesaling taxes owed « previous next »
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Author Topic: wholesaling taxes owed  (Read 680 times)
darrenjzy
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« on: September 18, 2005, 08:00:47 AM »

When trying ot wholesale a property that has back taxes owed, do you merely inform the buyer of the money owed and he/she will pay the taxes after purchase or would you suggest a different way to go about it?



I've been glued to this website for a couple days, hopefully my questions are becoming more intellegent :infinity:
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One of these days I'll be answering questions instead of asking them.
bluzer
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« Reply #1 on: September 25, 2005, 06:30:18 PM »

be careful with taxes owed some states file a tax lien that will take priority over other liens  Usually taxes have to be paid before any deed/title name change.
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amusedtwinkle
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« Reply #2 on: September 26, 2005, 03:47:12 PM »

ALMOST every state tax liens are first position, a lot of times back owed taxes can be paid at closing.
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Joleen Larsen
Bridge Capital
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Real Estate Investing Forums  |  Real Estate Investing  |  Bird Dogs, Wholesaling, Flipping Properties Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: wholesaling taxes owed « previous next »
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