Refinance to Pay Florida Department of Revenue Warrant

Private Hard Money Lenders Florida

Private Hard Money Florida mortgage Lenders are non-institutional lenders that issue short-term loans for the purchase, refinance, and renovation of Florida investment property. They’re commonly known as “ , Florida hard money lenders.” These private hard money lenders offer private money loans to short-term fix-and-flippers as well as long-term investors looking for a rehab project or quick funding.

How to get rid of a Florida Tax lien

Paying your tax debt – in full – is the best way to get rid of a Florida tax lien. The IRS releases your lien within 30 days after you have paid your tax debt. When conditions are in the best interest of both the government and the taxpayer, other options for reducing the impact of a lien exist.

Discharge Florida property

A “discharge” removes the lien from specific property. There are several Internal Revenue Code (IRC) provisions that determine eligibility. For more information, refer to Publication 783, Instructions on How to Apply for Certificate of Discharge From Florida Tax Lien PDF.

Tax lien Subordination

“Subordination” does not remove the lien but allows other creditors to move ahead of the IRS, which may make it easier to get a loan or mortgage. To determine eligibility, refer to Publication 784, Instructions on How to Apply for a Certificate of Subordination of Florida Tax Lien PDF.

How a Tax lien affects you

• Credit – Once the IRS files a Notice of Florida Tax Lien, it may limit your ability to get credit.
• Bankruptcy – If you file for bankruptcy, your tax debt lien could continue after the bankruptcy.
• Assets –  A lien attaches to all of your assets and future assets acquired during the duration of the lien.
• Business -The lien attaches to all business property and all rights to business property, including accounts receivable.

Refinance to Avoid a lien

You can avoid a Florida tax lien by simply filing and paying all your taxes in full and on time. If you can’t file or pay on time, don’t ignore the letters or correspondence you get from the IRS. If you can’t pay the full amount you owe, payment options are available to help you settle your tax debt over time.

Lien vs. Levy

A lien is not a levy. A Florida tax lien secures the government’s interest in your property when you don’t pay your tax debt. A levy takes the property to pay the tax debt. If you don’t pay or make arrangements to settle your Florida tax debt, the IRS can levy, seize, and sell any type of real or personal property that you own or have an interest in.

Refinance Florida Department of Revenue Warrant: