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Thread summary:

A quick house sale, is it doable now ? Tell me about the bailout, mortgage, recourse, loan, equity and home construction.

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Old 01-14-2009, 08:25 PM
 
Location: NW MT
1,436 posts, read 2,983,869 times
Reputation: 548

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Originally Posted by darstar View Post
I have to agree here , I have known people who have had their IRS debt go away. They can't get blood from a turnip , and , they know it.
I know too many people that are self employed, do not personally own property, simply file tax forms every year and don't pay their taxes... and function better than myself !

As you, I have been through the ringer with the IRS personally and business wise. I know the game very well. Even better, I was taught by the IRS how to play the game ! Exactly what it is too... a game.

I watched a close friend go through a criminal trial. Ya, he lost his case but it was one of the most educational events I have ever witnessed. From ALL my experience with the IRS I have learned what they are all about and that they ARE limited to what they can really do. They have boundaries they have to stay within !

I can now easily pick out those people that FEAR the IRS... I guess it's human nature to often fear things you don't completely understand.
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Old 01-14-2009, 08:26 PM
 
Location: Fort Myers Fl
2,305 posts, read 2,751,880 times
Reputation: 917
There is a 10 year statue of limitations on an IRS lien. Now some states there is no statue of limitations, like California. But I find it easier to just keep up with paying my taxes each year. Not that I want to but makes sleeping much easier.
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Old 01-14-2009, 08:36 PM
 
Location: State of Superior
8,632 posts, read 14,244,098 times
Reputation: 2777
Quote:
Originally Posted by thebigr View Post
There is a 10 year statue of limitations on an IRS lien. Now some states there is no statue of limitations, like California. But I find it easier to just keep up with paying my taxes each year. Not that I want to but makes sleeping much easier.
Most of us do , otherwise , the Government would have a real mess.
Withholding your taxes may be the last form of protest we have. If , people in mass did so , they could bring down a crooked and repressive Government. Its been done before. The Government will roll over , when the going attracts too much attention.
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Old 01-14-2009, 08:58 PM
 
Location: State of Superior
8,632 posts, read 14,244,098 times
Reputation: 2777
Quote:
Originally Posted by Stephan_K View Post
I know too many people that are self employed, do not personally own property, simply file tax forms every year and don't pay their taxes... and function better than myself !

As you, I have been through the ringer with the IRS personally and business wise. I know the game very well. Even better, I was taught by the IRS how to play the game ! Exactly what it is too... a game.

I watched a close friend go through a criminal trial. Ya, he lost his case but it was one of the most educational events I have ever witnessed. From ALL my experience with the IRS I have learned what they are all about and that they ARE limited to what they can really do. They have boundaries they have to stay within !

I can now easily pick out those people that FEAR the IRS... I guess it's human nature to often fear things you don't completely understand.
Yes , the tales I could tell , as well , could curl a persons hair ! I have been in business , personally and corporately for over 40 years....you see it all , and them some.......
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