Does a quick claim deed protect us from the IRS?
Answer:
If you have IRS problems you're in trouble. Get a lawyer and all of your paper work in question and go see what can be done with the IRS....First off, don't hind anything from them because they will find it and that will cause you more problems in the long run. Good Luck!
I was going to answer this question - but Frogie is giving you good advice - good luck.
Trasactions to protect assets, after legal procedures are initiated can/will be overturned.
If no legal procedures are initiated, maybe. There are time limits,which will not recognized if very recent.
Consult an attorney.
figure what you owe them and take a mortgage on the property. irs wants money you owe them, not your home.
suck it up and pay.
Hiding assetts is illegal. you can do it and be safe, but if they find out... your screwed... messing with the government is not a good idea.. your best bet is to allow them to put a lien on it... and find a way to come up with the money. if the IRS puts a lien on your credit. it will be impossible to buy another house or property... so you gotta figure out some kind of payment arrangements and follow through with them, so they wont put it on your credit record. Or give it up and start over. depends on what you can do
Dont mess with the IRS. They will take what is theirs and more with penalties and interest. I would suggest getting a loan on that land to pay them off ASAP if possible.
If the lien hasnt been placed yet, you may be able to do it. If the IRS has already said they are coming after the property, its too late. Try to work with them, and see if they will work out a payment plan with you. They will be taking your years of tax returns as well until this debt is paid off.
Seek legal counsel as well, you may have more problems then you know if the amount owed is very large, and the IRS has been trying to get this money for a long while.
Best of luck to you.
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