Potential Tenant With Tax Lien
I have a potential tenant who has a federal tax lien on their record. Now this is the first time this has occured so I am not sure if it affects me in any way. For example, will the Feds garnish this tenants wages thus rendering them unable to pay me? Could the lien affect the residence I lease to them (I doubt it but just thought I should ask the questions anyways). How could this lien affect any transaction I enetr into with the potential tenant?
If anyone has had an experience with a tenant that has a Fed Tax lien, please let me know what you had to deal with. Apart from the lien, they have no evictions, have good income and okay credit. Tax lien was filed in 2007.
Thoughts?
JS.
Anyone?
I think it would be GREAT.
Make the contract between you and the DEEP POCKET company.
Anyone... Bueller?
Who insures your Baltimore City rental property?
Anyone?
[crickets chirping...]
MC
Last time I tried to use State Farm it might have been right after a drug lord killed a family of five by burning down their row house in Baltimore City (they had complained to the police about, you know, drug dealing and bad stuff). State Farm told me they were no longer writing policies on rental props in the city. And my props were not even near that bad area.
Maybe I try again?
(By the way, we are currently with Frederick Mutual, which is a great company, IMO.)
MC