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Absolutely.
Bur if the tax delinquincy is recorded you can't get a mortgage so just pay cash with the money you stole from the gov't/society.
And when the tax man wants to collect, they will sinply take the property.
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∙ 15y ago
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Can you really buy a house just by paying off the back taxes?
Could depend on where you live. It seems that here in Texas you can, indeed, buy a house by paying off the back taxes. However, there is a lengthy preliminary legal process which must be followed. rdg
Can you buy a home and owe back taxes?
Sure...but getting a mortgage will be tough, if not impossible. And the tax man will be just as happy to seize the house for your debt as they will anything else. Your tax debt can be used as income/debt ratio. Just make sure you are paying off your taxes and not delinquent
What does paying taxes mean?
It means you money to the government. Anytime you buy something taxes are added on. When you work you pay taxes on what you earn.
What can I claim from my home on federal taxes?
Can I claim my home inspection invoice for a home I just purchased as a deduction on my federal taxes No. Virtually none of your home purchase costs, like the costs of anything you buy for your own use, are deductible. If you were to be buying it as a pure real estate investment, say to rent, then it may be capitialized and recaptured on sale. Of course, you wouldn't hve any of the advantages during ownership that are given to home owners.
Can you buy a house and someone else claim it on their taxes?
no
Where can you buy the john Schneider made tv special back home?
Are you still looking for this?If you are email me shiralee2008@live.co.uk
What if someone owes back taxes on a car your buying can you still register it?
The thing to do it NOT to buy the car. Want to get yourself in a real mess, then purchase this car. Walk away!
Are there taxes in Dominican Republic?
Yes, but you dont have to report it, and doesnt give taxes back. The taxes are called ITBIS and are paid indirectly when you buy product and services.
Does it cost money to buy a phone then add it to your plan?
For Verizon it is about 10$ but there is still taxes
If you don't take a car home from the dealer do you still have to buy it?
If you signed a contract it is yours. You cannot back out unless the dealer agrees.
If you buy a foreclosed home at auction do you owe any Pre-existing debt For example the unpaid taxes from the previous owners Or is the home yours and you just pay the taxes from there on out?
kenny brewer
Can you buy a house with cash after foreclosure?
Sure this happens all the time. You can probably get a great deal on a foreclosure, make sure you get a home inspection and find out if there are any back taxes owed on the property, Happy Hunting
Can you really buy a house just by paying off the back taxes?
Could depend on where you live. It seems that here in Texas you can, indeed, buy a house by paying off the back taxes. However, there is a lengthy preliminary legal process which must be followed. rdg
Do you have to pay sales taxes when you buy a used mobile home?
In Canada you do. -If you are in US,consult your local realtors for this answer.
Can you buy your fathers home instead of inheritaning itand aviod paying the inheritance tax?
The only way to buy your father's house would to be to purchase it before he passes, after he has passed, you automatically inherit the house. Even if you purchase the house, you will still pay taxes.
Can you buy a home and owe back taxes?
Sure...but getting a mortgage will be tough, if not impossible. And the tax man will be just as happy to seize the house for your debt as they will anything else. Your tax debt can be used as income/debt ratio. Just make sure you are paying off your taxes and not delinquent
Does a refinance in 2008 on a first house bought count as a first time home buy in 2008?
I am assuming you are looking for a first time home buyer credit. No this is a refinance not purchase. Closing Costs could possibly still be deducted on taxes but check with your tax advisor on that.
