Tax Resolution Available For Those With Property Tax Liens Looking To Sell

If you are a homeowner that is also in need of a Tax Resolution service it is important to understand what your tax situation means to your home. With the option to place a tax lien against your property the IRS does have the ability to keep you in a home until settling your tax debt. If this situation sounds like what you are going through contact a trusted tax expert today so your Tax Resolution needs do not get in the way of your home.

For homeowners who find themselves in need of Tax Resolution services it is important to allow you situation affect the other. If you are attempting to sell your home in the near future any potential buyers will be able to see a tax lien that has been placed on your property. And unfortunately until this tax lien has been removed you will not be able to sell your current home. If an agreement is made upon listing the home that will settle any tax lien situations affecting the property this may be avoidable. In the case of some homeowners with an underwater mortgage they have been able to have a portion of the selling price of their home go to the settlement of their IRS debt. This is really the best outcome for both sides as your Tax Resolution needs are met and someone gets to move in to a new home. You may also want to remember that in selling your home for less than what your mortgage balance is may created additional taxes. This is because you were once loaned a set amount of money but upon not being able to re-pay it were able to settle with your lender. The difference between the selling price and the mortgage balance is technically money that was borrowed to you and never repaid. There are Tax Resolution services that may be able to help you avoid paying these additional taxes though.

So don’t allow your Tax Resolution needs get in the way of selling your home. Make sure you have a tax specialist that can help you find the solution you need to not affect your property.

Karla Dennis

As seen in Forbes Magazine, Karla Dennis is an expert tax and business strategist. As an enrolled agent, Karla is licensed to represent taxpayers in all 50 states. She holds a Masters in Taxation and Business Development and is the author of two books, Tax Storm and Against the Odds.

Karla, CEO of consultancy firm Karla Dennis And Associates, Inc.™, has saved her clients thousands of dollars and has been featured in various media outlets such as Forbes, MSNBC, KTLA, Yahoo! Finance, and SmartMoney, marking her as the ultimate tax expert.

As of 2014, Karla became the new host on the “Mind Your Business” radio show, KTLK AM 1150, sharing her financial and business knowledge with the greater Orange County and Los Angeles areas. As a supporter of women’s rights and issues, Karla is part of the Women Network, an organization built to educate and mentor women. In addition, Karla is the radio host for Women Network Radio, a show that aims to uplift and empower women of all walks of life.