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Re: Ain't no free lunch!

Posted by Ward-CA- on September 01, 2001 at 12:46 AM

In Reply to: Re: Tax Liens posted by Todd on August 30, 2001 at 5:43 PM

: It's funny....even if you pay on your mortgage but somehow the taxes get missed, the county can foreclose and you lose the house. The mortgage lien means nothing, but the money is still owed. An IRS lien follows you. That lien will be on your next house and the next one until you pay up. Yes, they can take your house if you are stubborn.

=•=•=•=•=•=•=•=•=•=•=•=•=

Todd, if you miss paying ANYTHING in this society you will end up a loser, right? So why the amazement with property taxes? Or IRS liens? Try missing your car payment, the water bill, the rent, etcetera. What can you miss paying for and not lose out??

The system is quite simple actually. If you don’t pay for what you ordered, you can’t keep it!! That way no one’s afraid to sell to you on credit.

Once you’re a landlord you’ll understand.



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