IRS writes back!

[scottinalaska]

I hate to say it, but I still owe the bank 80K on the house. Can it still go into a trust since there is a lein on it?
scott
And hey, I thought I felt a warm spot in the water, Weis.

[theghost]

Scott, I agree with Weis on the trust idea, but not a statutory trust. Also, using a bank account, no matter how little you keep in there, is a solid contract with the IRS. Lose it. There are many ways to avoid this. You were right in asking for an administrative hearing, but you now need to conduct that hearing, through paperwork, which will result in their default. Are you familiar with a guy named Clyde Hyde and his process? He's dead now, but he has an administrative hearing process that works great, if you know how to use it. You don't go to their "tax court", YOU conduct the hearing by mail, through a notary. You may contact me privately for more info, if you wish.

[weishaupt1776]

Originally Posted by scottinalaska

I hate to say it, but I still owe the bank 80K on the house.

I don't know about putting a house in a pure trust if a house is still being financed via someone's SSN

YOu could make a statutory trust a member of a single member LLC

Sell the house to the LLC & have the LLC finance the house through another institution

Have a nominee go to the recorder on behalf of the lLC WITHOUT your prescence there

You need to NOT RECEIVE MAIL THERE ANYMORE THOUGH

When this gets going, forward your mail permanently to a dead address like a mailbox place WITHOUT a number

then open up a private mailbox SOMEWHERE ELSE

Have a friend open it up for you

Have the box named after a fictitious name (NOT YOUR LLC)