A Poor Investment

2020-04-28T08:26:38-05:00April 27th, 2020|Tags: , , |

Many years ago, a friend and I bought an investment property at a courthouse auction that the IRS was selling for back taxes. Surprisingly, days later the IRS informed us that they were exercising their legal right to redeem the house to sell it back to the family who lost their home. This law allowing redemption was bad for us, ...