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How long from the time the IRS places a lien on Real Estate to the time they can auction the property?


I am the executor of the Estate that owns Real Estate valued at well in excess of $500,000 and the estate owes roughly $25,000 in back personal income taxes on behalf of the deceadent to the IRS. Once the IRS places a lien on the Real Estate owned by the Estate, how long does it take before the IRS is able to force the property for sale or auction?

Selling the property is not an option as it has been in the family for many years and is historically a very important piece of real estate.

We will be able to pay off the IRS in full over the next four months, although, I am I am concerned about the auction process between now and then.

If they place a lean on the property, how long after they place the lien before the IRS is able to force the sale of the Real Estate?

Sell the property yourself and pay off the KGB. A second, or ever a third mortgage would be better than owing the IRS.

Note: I did not misspell KGB.

They have to go to court and get a order for the sale, then a deputy us marshall holds the auction and distributes the money. If the property is worth that much, why not just sell it and pay them off?

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