Question about property seizure
I have about 17000 tax debt from mistakes when my company switched us to a 1080/sub contractor payments instead of payroll. I've gotten a letter final notice intent to seize property or the rights to own property from the IRS. We have made payments sporadically but due to health issues injuries I haven't kept up. I am married but my wife doesn't work for health reasons. We are paying the mortgage on our condo and the property is in my mother in laws name and my wife's name. I really just don't know what to do at this point. There are reasons it's gotten to this point but not going into them here without specific need. Will they take the house from my mother in law and mortgage company or ?? Unsure of what if any options I have since paying off instantly is impossible and I am unsure of what risk there is to mother in law and the property. Any help would be insanely appreciated
Answers
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Hi Mattmc23,
Thanks for writing in. I know this is a very stressful situation.
Although we can't address the specifics in a public forum since all facts and circumstances are needed, my #1 recommendation is to communicate with the IRS, today. You have options.
Either pick up the phone and call and patiently wait on hold or redial as quickly as possible, or write a response to the address in the upper left hand corner of the first page. It may only be a city, state and zip code. I recommend certified mail return receipt requested for proof of delivery.
The notice of intent to levy/seize is serious and several letters into the process, meaning the others have been ignored, which can happen for a variety of reasons that may or may not matter.
The IRS seizing a house is very far down the list of possibilities and an extreme measure. Typically a seizure means freezing your bank account(s) and taking money out due to lack of response or action on your part.
Again, I recommend your priority is to call the IRS and communicate immediately. You have options, but the IRS can't offer those options to you unless you communicate.
The IRS takes calls Monday - Friday starting at 8am local time. Best time to call however is typically Tuesday - Thursday starting at 8am.0

