Unpaid taxes impede real estate sales proceeds

'First in time, first in right' determines who receives profits
Published on Nov 23, 2005

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by CareyBot

On Nov. 15, 2000, Robert J. Ambrose conveyed his house to International Advisory Services Inc. (IAS). On Aug. 11, 2003, the Internal Revenue Service made jeopardy tax assessments for unpaid taxes of $170,890 against IAS. The IRS recorded its income ...