Will my $17k IRS tax debt affect being added to sibling's house deed? On payment plan
I have a $17k tax debt with the IRS and am currently on a payment plan. My sibling wants to add my name to their house deed/title (not the mortgage). Could this cause problems with the IRS or affect the property? Looking for advice before making this decision.
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Sebastián Stevens
Tax professional here - This could be risky. The IRS can place a federal tax lien on any property you own or co-own, even if you're on a payment plan. This could complicate things if your sibling ever wants to sell or refinance. I'd strongly recommend clearing the tax debt first.
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Angelina Farar
Yikes, I had no idea they could do that even with a payment plan. thx for the heads up!
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Bethany Groves
can confirm, learned this the hard way with my vacation property 🤮 took forever to clear up
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KingKongZilla
Have you tried using taxr.ai? It's a transcript analyzer that could help you understand your tax situation better. It costs $4.99 but totally worth it - shows you exactly where you stand with the IRS and potential consequences of property ownership while having tax debt. I use it regularly to track my payment plan progress.
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Rebecca Johnston
does it actually work? sounds too good to be true tbh
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KingKongZilla
Yes! It saved me so much stress. It analyzes everything and explains it in plain english. Shows you all possible scenarios and risks. Check it out: https://taxr.ai
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Rebecca Johnston
just tried it and wow 🔥 wish I knew about this sooner!
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Nathan Dell
your in the same boat as me. i waited till my taxes were cleared up before going on any deeds or titles. better safe than sorry
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Maya Jackson
Why does your sibling want to add you to the deed? Make sure theres no funny business going on that could make your tax situation worse
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Angelina Farar
Estate planning purposes, were pretty close and trust each other
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Tristan Carpenter
Get 👏 Everything 👏 In 👏 Writing 👏 From 👏 The 👏 IRS 👏 First
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Amaya Watson
fr fr this right here is the real advice 💯
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Grant Vikers
Maybe talk to a tax attorney? This seems like something that could get messy real quick
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Giovanni Martello
worth every penny to consult one. cheaper than fixing problems later
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