Municipalities have the legal authority to take possession of real property when the property taxes become delinquent. The legal procedure varies from state to state but generally, the municipality can clear the title through a tax taking procedure and then sell it to a new owner.
jail
jail
not if you are renting free from the home owner the home owner has to pay taxes
You will no longer be responsible. The bank will have to worry about that after they foreclose your home.
You go to jail
Your take-home pay is the amount of money you receive from your paycheck after taxes and deductions have been subtracted.
The town will take possession of the property for delinquent taxes, file a petition in court to acquire title and then the town will sell the property.
People pay taxes in many different ways. Taxes are taken out of your paycheck, you pay taxes when you make purchases at a store, and you pay taxes on your home and property.
yes
you will have to pay your own taxes not your parents.
Your paycheck after taxes "what you take home".
Yes, you may have to pay taxes on a home buyout, depending on the circumstances. It is recommended to consult with a tax professional for specific advice on your situation.