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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Ask CA about their mitigation process... Posted by Ward-CA- on November 10, 2003 at 8:45 AM In Reply to: CA state tax lien posted by Dennis-CAL Nevada Texas on November 06, 2003 at 12:41 AM : I am doing an equity purchase with an owner. There is substantial equity but there is a judgment of 41k and a California state tax lien of 54k. I can negotiate to buy the judgment lien or a discounted payoff but I am not sure how to handle the state tax lien. The owner says it is an estimated tax burden because he did not file for 3 years and his liability is substantially less. How should I deal with that lien? =================== Dennis, Look on the face of the CA state lien to find an appropriate contact person. Tell them you'd like to work out a mitigation of the lien and ask how you go about it. Hope this helps. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : I am doing an equity purchase with an owner. There is substantial equity but there is a judgment of 41k and a California state tax lien of 54k. I can negotiate to buy the judgment lien or a discounted payoff but I am not sure how to handle the state tax lien. The owner says it is an estimated tax burden because he did not file for 3 years and his liability is substantially less. How should I deal with that lien? : =================== : Dennis, : Look on the face of the CA state lien to find an appropriate contact person. Tell them you'd like to work out a mitigation of the lien and ask how you go about it. : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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