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Florida Homestead and the IRS

Author johnbsims3
Admin Male

#1 | Posted: 5 Dec 2006 18:52 
Florida Homestead and IRS

This thread is about Florida homestead protection and IRS debts.
A qualified homestead is exempt from most legal judgments and the protection under the law is very broad. If you owe income or payroll taxes the IRS tax lien encumbers all of your real and personal property including a Florida homestead.

The Florida constitution prevents the IRS from foreclosing the lien and forcing you to sell your primary residence. When you sell the house, or when the owner(s) dies, the IRS will attempt to take the sale proceeds to pay the tax lien. Other exceptions to homestead protection are secured mortgages, property tax liens and construction or mechanics liens for work done on, or goods supplied to your principle residence.
http://www.floridahomesteadservices.com

Author johnbsims3
Admin Male

#2 | Posted: 28 Dec 2006 18:09 
See this thread for much info and cases on the IRS and Homestead

http://www.homesteadpropertyexemption.info/index.p hp?action=vthread&forum=10&topic=354
http://www.floridahomesteadservices.com

Questions and Answers Florida Homestead Services - Florida Homestead Exemption Act Forum / Questions and Answers /
Florida Homestead and the IRS
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