In 2000, I wrote a couple of books related to buying tax delinquent properties in New Mexico. At the time, there was no right of redemption, that is, when the property was sold, there was no right to get it back. This is because the property had several years of back taxes owed, typically 4, before being sold. EXCEPT the IRS had 120 days to file for redemption. I interviewed a former IRS agent for the book. He said the agency would usually waive its right and remove its lien in most cases, because if the property was worth anything, the IRS would likely have already seized it. A polite request tended to get good results.
I tried this and it was a total waste of time. Anyone that I was able to talk to has their hands tied by rules and regulations. Don't get your hopes up. If you try it I wish you luck.
Hi, thanks for your efforts. What is the number that I should call to request for abatement. None of the numbers I found on google work - I didn’t receive the notice for payment from IRS yet.
Thanks Mark. Good to know.
In 2000, I wrote a couple of books related to buying tax delinquent properties in New Mexico. At the time, there was no right of redemption, that is, when the property was sold, there was no right to get it back. This is because the property had several years of back taxes owed, typically 4, before being sold. EXCEPT the IRS had 120 days to file for redemption. I interviewed a former IRS agent for the book. He said the agency would usually waive its right and remove its lien in most cases, because if the property was worth anything, the IRS would likely have already seized it. A polite request tended to get good results.
very helpful thank you.
I tried this and it was a total waste of time. Anyone that I was able to talk to has their hands tied by rules and regulations. Don't get your hopes up. If you try it I wish you luck.
It does become more difficult if you've used the penalty abatement within the last 5 years
Hi, thanks for your efforts. What is the number that I should call to request for abatement. None of the numbers I found on google work - I didn’t receive the notice for payment from IRS yet.
What's the IRS phone Number?
Thanks for the info @NotYourDadscpa