tax issue that i think is not right. anyone know what i can do?

caveman117

Well-Known Member
hi there, so first off my property that my home is on is conmected to two other lots side by side (all three). this was left to me and my uncle by my grandmother when she passed. the layout has an empty lot first, then the lot with my house, then the nexr lot has a house that my uncle owns and rents.

the problem that now is happening is my uncle has not paid the taxes (which for some reason mailed to him and not me even though both names are on it). id given him money for it which I can only assume he used to.buy drugs. so the town told me that I have to pay the taxes and back taxes from two years or I will lose my property and house...

so ive paid two thirds of the taxes (for the empty lot and my lot) and am now completely out of money (completely) and the town is giving me till the end of december to come up with another 3k for my uncles third of the taxes.

I really dont know what I'm going to do about this. I can't come up with another 3 thousand dollars before the end of december and I doubt my uncle will have a change of heart and pay up.. any ideas or help greayly appreciated!
 

torontoke

Well-Known Member
Any chance you could sell or rent out the vacant lot?
Maybe offer the vacant lot to a friend or another family member with some cash.
 

caveman117

Well-Known Member
I can't sell.it without my uncles signature and idk why anyone would want to rent a.lot with nothing on it...
 

torontoke

Well-Known Member
I can't sell.it without my uncles signature and idk why anyone would want to rent a.lot with nothing on it...
There's a lot of reasons people rent lots. Some rent for camping or putting a trailer on it. Some people want to store things.
Tell your uncle to sign to sell it or pay his share of the tax.
 

BarnBuster

Virtually Unknown Member
so your house and the land is deeded to both you and your uncle and you have copies of all documents that state this? does it say jointly and severally, right of survivorship or what?
 

vostok

Well-Known Member
Get a lawyer and tell your uncle the same, its nothing personal ..but if he can't manage his affairs ...he looses the house not you,

then you can charge him rent for staying at your house, just ensure you get payment first

ps.
even see a community lawyer, they are cheaper
 

caveman117

Well-Known Member
barnbuster yes both our names are on the deed, when I get up and around I'll check to see how its worded.

texas, I dont have anyone to borrow 3k from, I dont associate with most of my family and most of the ones that I have liked have passed on. and almost all of my good.friends are worse off financially than I hace been recently.
 

caveman117

Well-Known Member
vos, i have no love for my uncle.
I wasnt clear about this part but he dpesnt live in the lot next to mine, he lives in his girlfriends parents basement.

as for an attorney what kind am I looking for? the attorney I have always used says she doesnt handle these kinds of things.

the way its marked out on tax maps, is one big lot, that could potentially be seperated into three taxable lots. but since there are back taxes I can't get my house and the land its on seperated from the biggwr picture until the entirety is paid.

my uncle has rented that place nexttto mine out off and on but no one is living there now and it seems so far that he doesnt care if he loses it.
 

ricky1lung

Well-Known Member
vos, i have no love for my uncle.
I wasnt clear about this part but he dpesnt live in the lot next to mine, he lives in his girlfriends parents basement.

as for an attorney what kind am I looking for? the attorney I have always used says she doesnt handle these kinds of things.

the way its marked out on tax maps, is one big lot, that could potentially be seperated into three taxable lots. but since there are back taxes I can't get my house and the land its on seperated from the biggwr picture until the entirety is paid.

my uncle has rented that place nexttto mine out off and on but no one is living there now and it seems so far that he doesnt care if he loses it.

If you're on the deed you're legally entitled to rent it out yourself.
Sounds like a mega civil deal between you and your uncle, but first things first you have to pay the taxes, maybe a renter will help you raise the needed capital.

Then, you can subdivide to protect your personal dwelling but you will still be responsible for your share or all (if the unc doesn't pay again) of the taxes on the uncles house.

IMO, get a renter in there asap to raise the money for the taxes, pay them, subdivide and either put the uncles house on the market, sell your share to the uncle who has no money, or buy his share from him at a hopefully reduced cost.
 

caveman117

Well-Known Member
so your saying I can rent his place on the lot next to mine without his consent to raise money for the taxes? the building is part of the existing property, itsnot like he bought it after the deed was put in our names.
 

ricky1lung

Well-Known Member
so your saying I can rent his place on the lot next to mine without his consent to raise money for the taxes? the building is part of the existing property, itsnot like he bought it after the deed was put in our names.
Yup exactly that.
If your name is on the deed, you are a legal owner and can legally rent it out.

Regardless what you choose to do, raise the cash and pay otherwise you will lose everything to a tax sale.
 

torontoke

Well-Known Member
If the place is empty and he is unwilling to pay his share of the taxes rent it out.
Make the new tenant pay first and last and there's half you money needed at least.
If he bitches or whatever then get a lawyer and go after him.

If your name is on the deed you should be able to secure a loan or a line of credit against the value of the house to keep it out of the tax mans hands. Either way get a good real estate lawyer and give ur uncle a surprise
 

caveman117

Well-Known Member
as far as taking a loan out against property, say I found a tenant to raise money for half of what he owes. could I pull a loan against a portion of the property like the empty spot that is cleared for but has no house on it? that way if everyrhing worked out id be able to pay the entirety. but my credit is basically still neutral.
 

torontoke

Well-Known Member
Depends on the value of the land but yes in theory you should be able too.
Do u owe on the land at all?
If u don't any lender should lend or open a line of credit and use the land or uncles house as collateral
 

torontoke

Well-Known Member
Plus the revenue from the renter is viewed as an asset and the lender will know that u can afford payments because of the extra revenue
 

BarnBuster

Virtually Unknown Member
you need to talk to an attorney specializing in residential real estate and property law. write all your questions down and buy an hour of his time. it may turn out to be more complicated than you think but he will give you a better idea what to expect, what your rights are, what you can and can't do and what it will cost moving forward. money well spent
 

caveman117

Well-Known Member
I do owe taxes on the land (because it is part of this property). but other than that I dont owe anything on the land. and as far as a lender I'm assuming i would be going rhrough a bank. would I be looking more for a privately owned bank or something like a federal credit union?
 

torontoke

Well-Known Member
Depends on your credit situation.
If you could go to a bank that would be cheapest and easiest to pay off.
But you only need 3 k so even a private lender with a crazy rate is better than losing everything.
 
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