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My ex husband and I have been divorced for eleven years and he was to file a quitclaim deed after the divorce which he didn't. It was ordered in the divorce decree and I have been making the mortgage payments. The property is in both of our names. He may be facing some jail time and now he wants to file the papers. He has tax liens on two cars and a motorcycle that are in his name only. After the property is transferred in my name only, can the IRS put a lien on the property? And if so what can I do? We live in Indiana.

larry · Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)

Hi,

Yes Sabrina, IRS can put lien on the property. After the quitclaim, you will be the sole owner of the property; so you have to pay the tax liens. Only if your husband pays that debt off, then no liens will be attached on the property. It will be better if you take help from an attorney regarding this.

Thanks,
Larry

Guest

Larry, i don't quite make out what you are trying to say. Once you say that the IRS can put a lien on property and then again you say, if the husband clears the debt, there will be no liens?pls explain this clearly.

larry · Joined: 27 Jun 2007 Posts: 3322 474.67 Dollars($)

Hi Alex,

I have just tried to say that if her husband pays the tax liens before the quitclaim, she needs not to pay any lien. That is why, she need to talk to her husband. Otherwise after the quitclaim, she will be the sole owner of the property. So she will have to pay the liens.

Thanks,
Larry

frkimchee · Joined: 10 Feb 2009 Posts: 1 1.32 Dollars($)

My Son and I on Title on an Rental Income Property.
I am on the loan only and making payment. My son gave me cash for
his portion.
We have a contract that we share the income, expenses and deduction.
On schedule E - Rental Income, Can my son also take deduction on Mortgage interest paid? He

jenkin7 · Posted: Thu Feb 12, 2009 5:29 am Post subject:

Hi frkimchee,

I don't think your son can take deduction on mortgage interest paid. The reason for this is your son isn't on the loan. Thus he's in no way responsible for the payment of loan and cannot claim deduction on schedule E- Rental Income.

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